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Markets
Breaking: US core PCE inflation holds steady at 2.8% in November vs. 2.9% expected
Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.4% on a yearly basis in November…
GBP/JPY Price Forecast: Slumps as UK Retail Sales misses estimates
GBP/JPY declines to near 196.00 as higher number of BoE officials voted for an interest rate reduction on Thursday than what market participants had…
LNG developer Venture Global files for US IPO
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Venture Global, one of the biggest US liquefied natural…
Gold maintains a moderate positive tone after soft US inflation
Gold clings to moderate gains on Friday after softer-than-expected US PCE inflation figures.
The US Dollar Index has extended its reversal from two-year…
EUR/USD bounces back after soft US PCE inflation data
EUR/USD advances above 1.0400 as US PCE inflation rose slower than projected in November.
The outlook of the US Dollar remains firm on the Fed’s hawkish…
Fed’s Hammack: Rate cut was a close call, favored holding steady
In a statement released on Friday, Federal Reserve Bank of Cleveland President Beth Hammack noted that she dissented because the data supported holding the…
Crude Oil slides for a fifth day this week on Fed rate concerns
Oil prices set for a weekly loss in this final normal trading week of 2024.
The hawkish message from the Fed on rate cuts for 2025 has scared investors…
Directors’ Deals: Ashtead chief increases stake as shares struggle
Stay informed with free updatesSimply sign up to the InvestmentsmyFT Digest -- delivered directly to your inbox.Ashtead investors have a lot to digest at the moment. The equipment!-->!-->…
Fed’s Goolsbee: My projections were for a little more shallow rate-path in 2025
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said that they are still on a path to get to 2% inflation,…
JPMorgan, Bank of America and Wells Fargo sued over alleged payment fraud
Stay informed with free updatesSimply sign up to the Financial servicesmyFT Digest -- delivered directly to your inbox.The US Consumer Financial Protection Bureau has sued!-->!-->…