By Medha Singh and Purvi Agarwal () - The and the Nasdaq dipped on Friday as fears over high interest rates next year loomed, although a cooler-than-expected inflation report kept losses in check. A Commerce Department report showed the Personal Expenditure (PCE) index, the Fed's preferred inflation measure, rose 2.4% in November on an annual

() - U.S. stock index futures pared some declines on Friday after a cooler-than-expected inflation reading calmed some investor concerns over fewer rate cuts next year. A Commerce Department report showed the Personal Expenditure (PCE) index, the Fed's preferred inflation measure, rose 2.4% in November on an annual basis, compared with estimates of 2.5%, as

By Medha Singh and Purvi Agarwal () -U.S. stock index futures dove on Friday as investors grappled with the possibility of a government shutdown and a higher interest rate path ahead of a key inflation report due on the day. Dozens of Republicans defied President-elect Donald Trump's spending bill, leaving Congress with no clear plan

() - U.S. stock index futures dropped on Friday as investors grappled with the possibility of a government shutdown and a higher interest rate path ahead of a key inflation report. Dozens of Republicans defied President-elect Donald Trump's spending bill on Wednesday, leaving Congress with no clear plan before government funding expires at midnight. Failure

Investing.com - The kept interest rates unchanged, as expected, on Thursday, but Deutsche Bank (ETR:) expects the UK central bank to announce four rate cuts next year, with a more backloaded cycle. The decision to keep the Bank Rate unchanged at 4.75% was largely telegraphed, but analysts at the German bank also expected an unanimous

By Rae Wee SINGAPORE () -The dollar was set to cap the week on a strong note on Friday as it notched a two-year high bolstered by a hawkish U.S. rate outlook, while the yen struggled to stay afloat as it again weakened to a new low. Currencies took a breather after huge moves in

Investing.com -- Wall Street is seen trading lower Friday ahead of the release of the Federal Reserve's favorite inflation gauge. The potential for a US government shutdown has also hit sentiment, while Donald Trump has threatened the European Union with tariffs, potentially igniting a trade war.  1. Core PCE index looms large The world’s major

By Bing Hong Lok SINGAPORE () - Slowing inflation has created room for Singapore's central bank to ease monetary policy in January but it may wait until later in 2025 so it can assess incoming U.S. President Donald Trump's policies, analysts said ahead of key data next week. A poll found that November inflation data

By Mike Dolan LONDON () - The U.S. dollar's latest surge has forced central banks around the world to lean against it, selling greenback reserves to stabilise local currencies but potentially exaggerating dollar strength into the bargain and sowing problems down the line. If hard cash reserves, typically banked in U.S. debt, are run down

By Makiko Yamazaki TOKYO () - Top Japanese finance officials said on Friday the government is "alarmed" by recent foreign exchange moves and is ready to intervene if speculative moves were deemed excessive, as the yen resumed its rapid downturn. Against the Japanese yen, the dollar rose to a top of 157.93 on Friday, its