Stocks, peso advance; URC, BPI up
Stocks advanced Friday, after data showing another slowdown in US inflation fueled bets the Federal Reserve will take a softer ...
Read moreTag: Federal Reserve
US inflation at slowest pace on hopes of less hawkish Fed
Washington—Consumer inflation in the United States slipped in December to the lowest level in more than a year, government data ...
Read moreFed sees chance to lower inflation without downturn
WASHINGTON—US unemployment has stayed low despite rising interest rates and easing inflation, representing a “hopeful sign” that consumer prices can ...
Read moreAsian stocks follow Wall Street’s rise
Hong Kong, China—Most Asia-Pacific stocks rose on Friday as a Wall Street rebound brought some cheer to the region’s markets ...
Read moreUS consumer price index fell to 7.1% in November, brought relief to policymakers
WASHINGTON, United States—US consumer inflation eased in November, according to government data released Tuesday, bringing some relief to policymakers with ...
Read moreStocks tumble; Peso hits 55.74 a dollar
Stocks tumbled Friday on profit-taking, trailing losses on Wall Street as investors awaited the release of US employment data. The ...
Read moreUS economy slows on pessimism over high interest rates
Washington, United States—US economic activity eased in recent weeks, while uncertainty and “increased pessimism” clouded the country’s outlook amid high ...
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Stocks extend rally, climb above 6,600 mark
Stocks rose for a fourth day, sending the benchmark index above the 6,600 mark on hopes the US Federal Reserve ...
Read moreMarket rebounds; URC, ICTSI lead gainers
Stocks rose Friday in line with other Asian markets after the previous day’s Federal Reserve-induced sell-off and fueled by hopes ...
Read moreFed delivers another steep rate hike with more to come
Washington, United States—The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool ...
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