Markets
Fed keeps rates unchanged, Powell hedges on possible end of tightening campaign
The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may need still more restraint.
Treasury bill yields up at auction on BSP rate hike; all tenders for bond rejected
The National Treasury rejected some of the tenders treasury bills and all the bids for the 10-year bonds at the auction Tuesday, where market participants sought higher yields following the off-cycle decision of the Bangko Sentral ng Pilipinas to raise its benchmark interest rates to tame inflation.
Treasury bill yields up at auction on BSP rate hike; all tenders for bond rejected
The National Treasury rejected some of the tenders treasury bills and all the bids for the 10-year bonds at the auction Tuesday, where market participants sought higher yields following the off-cycle decision of the Bangko Sentral ng Pilipinas to raise its benchmark interest rates to tame inflation.
Gold holds above $2,000 mark on safe-haven demand; Fed meet in focus
Gold prices held steady near the key $2,000 level on Monday, buoyed by safe-haven demand from an escalating Middle East conflict, as investors awaited...
Key trends shaping the holiday shopping season
Amid the high cost of living, “price-consciousness” is the defining factor driving consumer shopping behavior across the world this holiday season. However, despite budgetary issues, shoppers are still expecting a better shopping experience this year, according to market research firms.
