Jerome Powell

New Business

After Fed rate cut, only moderate easing expected by China’s central bank, supporting yuan

After the US Federal Reserve delivered its first interest rate cut of the year, analysts said China’s central bank was…

Read More »
New Business

Developing | Hong Kong cuts base rate for the first time in 2025, matching the Fed’s move amid weak US jobs

Hong Kong’s de facto central bank cut the city’s base rate for the first time this year, bringing down the…

Read More »
New Business

China’s yuan rallies with central bank backing as worries mount over US dollar

A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather than by…

Read More »
New Business

China’s yuan set for more gains against US dollar as Fed sends dovish signals

The Chinese yuan is set to continue making gains against the US dollar over the coming months, as China’s central…

Read More »
New Business

Opinion | Markets can see who’s calling shots on US rates, and it’s not the Fed

Central bankers are sometimes known as the high priests of finance. That is because they control high-powered money, commonly known…

Read More »
New Business

Hong Kong stocks slip on profit-taking as excitement over Fed rate cut outlook fades

Hong Kong stocks fell on Tuesday as investors booked profits amid uncertainties over the pace and scale of the US…

Read More »
New Business

China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair

China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…

Read More »
New Business

Hong Kong stocks gain the most in 2 weeks after Fed’s Powell signals rate cut next month

Hong Kong stocks rose on Monday after US Federal Reserve chair Jerome Powell signalled the possibility of a rate cut…

Read More »
New Business

Ether hits record high as rate-cut expectations drive crypto rally

Ether surged to a record for the first time in almost four years, with the second-largest cryptocurrency benefiting from a…

Read More »
New Business

Hong Kong stocks set for third weekly gain as investors await Fed meeting outcome

Hong Kong stocks rose on Friday as investors awaited the outcome of the US Federal Reserve’s annual Jackson Hole meeting,…

Read More »
Back to top button