Global shares hit their highest levels in five months and the dollar dipped on Monday, as traders began to price in the likelihood of the U.S. Federal Reserve sticking to an accommodative stance at its policy meeting this week.

Topics:  u.s federal reserve   global   dollar   traders   price   accommodative   stance   
BING NEWS:
  • DAX Slips In Cautious Trade After Fed Rate Decision
    The benchmark DAX was down 6 points at 17,925 as trading resumed after the May Day holiday. In corporate news, fashion retailer Hugo Boss tumbled 3.7 percent despite first-quarter profit coming in ...
    05/1/2024 - 9:52 pm | View Link
  • US Fed Meeting Outcome highlights: Powell-led FOMC holds rates steady at 5.25-5.50%, cuts Treasury cap to $25 billion
    Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central bank flagged disappointing inflation readings and suggested a possible ...
    05/1/2024 - 8:50 pm | View Link
  • Fed Holds Rates Steady at 23-Year High: What the Experts Are Saying
    The Federal Reserve struck a dovish pose even as it kept interest rates unchanged for a sixth straight meeting.
    05/1/2024 - 9:00 am | View Link
  • The Stock Market Slips Ahead Of Fed's Policy Meeting As Investors Brace For Persistently High Rates
    The SPDR S&P 500 (NYSE: SPY) was falling about 0.25% lower Wednesday ahead of the Federal Reserve’s decision on interest rates.
    05/1/2024 - 4:40 am | View Link
  • Dollar slips before Fed meeting statement
    The dollar slipped on Wednesday ahead of the conclusion of the Federal Reserve's two-day policy meeting, with investors focused on whether Fed Chair Jerome Powell will adopt a more hawkish tone as ...
    05/1/2024 - 3:30 am | View Link
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