Market likely to consolidate this week; profit taking seen
Share prices are expected to return to consolidation mode this week with a downward bias following the hawkish statement of ...
Read moreTag: Jerome Powell
Taming inflation will inflict ‘pain’ on Americans — Fed’s Powell
WASHINGTON, United States—Taming US inflation will inflict “pain” on American families and businesses, but failure to wrestle prices down from ...
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Stocks extend rally; all eyes on Powell’s speech
Share prices rose Friday along with the rest of Asia after a Wall Street rally ahead of a speech by ...
Read moreFederal Reserve set to hammer home inflation message
Washington, United States—With US inflation at a 40-year high, economists say there is no doubt about the Federal Reserve’s policy ...
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Peso nears 55 to a dollar amid hawkish Fed signals
The peso on Friday hit another 16-year low and nearly broke the 55-per-dollar barrier on hawkish signals from the US ...
Read moreAsian markets climb as calm returns after sharp sell-off
Equities rose Tuesday in Asia as some stability returned to markets after last week's upheaval, but analysts warned of further ...
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Tokyo shares open higher with eyes on Powell testimony
Tokyo shares opened higher Tuesday, as investors wait to hear Federal Reserve Chair Jerome Powell address the US Congress later ...
Read moreFed’s Brainard says pausing interest rate increases in September unlikely
Washington, United States—The vice chair of the US Federal Reserve said Thursday there is currently no reason to consider pausing ...
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Powell says Fed prepared to raise rates ‘aggressively’
WASHINGTON, United States—The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced ...
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Global stocks rise as taper fears fade
Global stock markets rose Monday, with US stocks setting fresh records, as investors continued to respond to Federal Reserve boss ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.