Thursday, 30 October 2025, 3:15 pm

    Tag: Federal Reserve

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    Wall Street end at new highs as indicators suggest Fed rate cut

    U.S. stocks closed at record highs Tuesday as investors looked ahead to key inflation reports that could shape the Federal Reserve's next policy move.

    Gold soars amid uncertainty, rate cut hopes

    A fresh bout of uncertainty and mounting anticipation of a Federal Reserve interest rate cut added glitter to gold, pushing it to a record high on Tuesday.

    Fed chair Powell hints at September rate cut 

    Federal Reserve Chair Jerome Powell signaled Friday that the U.S. central bank may cut interest rates at its next policy meeting in September, citing growing risks to the labor market and ongoing inflation pressures.

    Wall Street slips ahead of Fed Chair Powell speech

    Major U.S. markets closed lower Thursday as investors awaited Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole Economic Policy Symposium—an elite annual gathering of global central bankers that often sets the tone for global interest rate direction.

    Gold surges amid US economic uncertainty, likely Fed rate cut

    US economic uncertainty, stoked by President Donald Trumps tariff push, has bolstered gold prices close to record highs.

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    PLDT, Smart push faster telecom rollout with government partnerships

    PLDT Inc. and its wireless unit Smart Communications are working closely with government and private partners to accelerate telecom infrastructure development across the Philippines.

    Century Properties investing ₱8.39-B for new homes by year-end

    Century Properties Group Inc. announced on Thursday that it will invest ₱8.39 billion to build around 13,150 new housing units, which are set for completion by the end of 2025.

    Second-quarter OFC holdings inch higher

    The domestic claims, or assets, of other financial corporations (OFCs) in the Philippines grew marginally by 0.1 percentin the second quarter of 2025 compared with the previous quarter, reaching ₱10.7 trillion, according to the Bangko Sentral ng Pilipinas (BSP). Year-on-year, the sector’s assets expanded by 16.7 percent.

    October inflation seen staying low despite higher food, power costs

    The Bangko Sentral ng Pilipinas (BSP) expects inflation in October 2025 to remain modest, projecting it to fall within the 1.4 percent to 2.2 percent range.

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