S&P 500 Slips as Fed Holds Rates; Historic Dissent Highlights Policy Divide

Jul 31, 2025 00:14 am UTC| Economy

The SP 500 slipped 0.1% Wednesday after the Federal Reserve kept its benchmark interest rate steady at 4.25%-4.5%, marking the first double dissent at the central bank since 1993. Fed governors Michelle Bowman and...

Fed Holds Rates Amid Rare Double Dissent as Policy Divide Deepens

Jul 31, 2025 00:13 am UTC| Economy Central Banks

The U.S. Federal Reserve left interest rates unchanged at 4.25%-4.5% on Wednesday, but two Fed governors, Michelle Bowman and Christopher Waller, broke ranks, calling for a 25 basis-point cut. This marks the first double...

Inflation slows again — but is it enough for the Reserve Bank to cut interest rates?

Jul 30, 2025 07:50 am UTC| Economy

Inflation is moving in the right direction, but new figures released today may not be soft enough to trigger a cut in official interest rates in August. The Australian Bureau of Statistics released the June quarter...

Gold Prices Steady as Markets Await Fed Decision Amid US Trade Uncertainty

Jul 30, 2025 07:45 am UTC| Economy

Gold prices held largely steady in Asian trading on Wednesday, with investors cautious ahead of the U.S. Federal Reserves policy announcement and ongoing trade developments. Spot gold slipped 0.1% to $3,323.66 an ounce,...

Bank of Japan Expected to Hold Rates, Yen and Nikkei 225 in Focus

Jul 30, 2025 05:28 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is widely anticipated to keep its benchmark interest rate steady at 0.5% during its July 31 policy meeting, maintaining a hawkish tone amid persistent inflation and ongoing political and trade...

Taiwan Continues U.S. Tariff Negotiations Amid 90-Day Pause

Jul 30, 2025 02:59 am UTC| Politics Economy

Taiwans trade delegation is set to continue high-level tariff discussions with the United States in Washington, according to sources familiar with the matter. The talks follow a temporary 90-day suspension of planned U.S....

Asian Stocks Edge Higher as Investors Await Fed Decision, U.S.-China Trade Developments

Jul 30, 2025 02:51 am UTC| Economy

Asian markets rose modestly on Wednesday as investors remained cautious following U.S.-China trade talks that ended without a major breakthrough and ahead of the Federal Reserves policy announcement. MSCIs Asia-Pacific...