The United States Federal Reserve (Fed) will announce its monetary policy decision and publish its revised Summary of Economic Projections (SEP), known as the dot plot, after its September policy meeting on Wednesday. Market participants widely anticipate the US central bank will cut its benchmark interest rate for the first time since last December, lowering it to a range of 4%-4.25%. The CME FedWatch Tool shows that investors see only about a 6% chance of a larger rate cut, while pricing in about an 80% chance of a 75 basis point (bps) cut for the remainder of the year. This means the...
Federal reserve memangkas suku bunga acuan mereka sebesar 25 bps setelah mereka menganggap bahwa inflasi telah mendingin dan telah mendekati ke target yang di harapkan sebesar 2%. Langkah pemangkasan juga dilakukan olehThe Fed guna memperluas upaya untuk menjaga ekspansi ekonomi AS pada pijakan yang kokoh, ia juga masih adanya tekanan pada sektor tenaga kerja Amerika walaupun sudah sedikit mereda dan tingkat pengangguran telah menigkat tetapi tetap rendah. Sumber: newsmaker.id
Australia's central bank held its benchmark interest rate at 4.35% for the eighth meeting in a row, in line with expectations from economists polled by Reuters. In contrast to other central banks in advanced economies, the Reserve Bank of Australia wrote in its statement that "inflation has fallen substantially since the peak in 2022," but also added that underlying inflation is too high. The bank's forecasts also do not see inflation returning sustainably to the midpoint of its 2%-3% target until 2026. Source : CNBC
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
The United States has rejected India's request for consultations at the World Trade Organization (WTO) regarding Washington's 50% tariffs on copper and copper derivative products, arguing that the...