Dow Jones Newswires Reserve Bank of Australia Delivers 9th Straight Rate Hike Stays Hawkish
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The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.
The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.The Wall Street Journal - World -
Bar is high for another rate hike, but one can’t be ruled out: Fed’s Kashkari
The bar for another Federal Reserve rate hike is high, but further tightening can’t be ruled out, Minneapolis Federal Reserve Bank President Neel Kashkari said Friday.MarketWatch - Business -
Are the Bank of England’s external rate-setters pointless?
With charts, data and vibes, we will prove: eh, probably not, but maybe more than they used to beFinancial Times - Business -
Bank of Mexico Leaves Benchmark Rate Unchanged at 11%
After cutting rates at its last meeting, the central bank voted unanimously for a pause as inflation edged higher in April.The Wall Street Journal - World - Mexico -
Bank holds rate but says it's 'optimistic' things moving in right direction
The governor of the Bank says it needs to "see more evidence" of falling inflation before cutting the base rate.BBC News - Top stories -
Bank of England holds rates, stresses June cut depends on coming data
The Bank of England held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.CNBC - Business -
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
A slew of commentary from the Bank of England and a better-than-expected economic growth number have left traders and investors scrambling to refine their bets.CNBC - Business - United Kingdom -
Quantitative Tightening Becomes a Trap for the Federal Reserve
Now that the central bank has transformed the financial system, novel policies are hard to scrap.The Wall Street Journal - World - Federal Reserve -
FTSE 100 hits fresh record as Bank of England signals summer rate cut
The prospect of lower borrowing costs helped push U.K. stocks to a fresh record high on Thursday.MarketWatch - Business -
Dow Extends Winning Streak as U.S. Stocks Rise
U.S. stocks rose after weekly jobless claims came in higher than expected, reinforcing hopes for rate cuts from the Federal Reserve later this year.The Wall Street Journal - World -
Dow Notches Longest Winning Streak of 2024
All three stock indexes neared records, reversing April’s declines.The Wall Street Journal - World -
The Dow Is a Terrible Index. But It Is Telling Us Something Important.
Though anchored in the past, the Dow Jones Industrial Average captures something about the way the market changes.The Wall Street Journal - World -
Student encampment now gone at Case Western Reserve University
Yahoo News - World