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Fed's Bostic Favors Starting Interest-Rate Cuts in Summer

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he supports beginning interest-rate cuts at some point this summer, though more favorable inflation data could warrant an earlier start.Most Read from BloombergAlexey Navalny, Jailed Activist Who Defied Putin, Dies at 47Bond Yields Climb as PPI Curbs Dovish Fed Wagers: Markets WrapHawaii Rightly Rejects Supreme Court’s Gun NonsenseApple Readies AI Tool to Rival Microsoft’s GitHub CopilotPutin Steps Into US...
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Source: yahoo.com

New Zealand Dollar Slips After Inflation Expectations Eease

The New Zealand dollar has declined after New Zealand inflation expectations decelerated in the fourth quarter. In the European session, NZD/USD is trading at 0.6114, down 0.25%. The New Zealand dollar declined by 0.40% after the inflation expectations release but has pared these losses.
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Asia Stocks Gain for First Time in Four Sessions: Markets Wrap

(Bloomberg) — Shares climbed in Asia following advances in Japanese and South Korean stocks as trading resumed after a holiday while US equity futures fell ahead of inflation data due later Tuesday. MSCI Inc.โ€™s Asia-Pacific equity index rose for the first time in four days, paced by stocks in South Korea, where the benchmark Kospi…
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Japan Stocks Advance, US Futures Dip Before CPI: Markets Wrap

(Bloomberg) — Japanese and South Korean stocks rose as trading resumed after a holiday while US equity futures edged lower ahead of inflation data due later Tuesday. South Koreaโ€™s benchmark Kospi index was on course to erase year-to-date losses as expectations for a regulatory push to boost the local stock market continue. Markets are closed…
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Asia Stocks Gain, Led by Japan, Korea; US CPI Eyed: Markets Wrap

(Bloomberg) — European stocks and US equity futures posted small moves in cautious trading before the release of keenly awaited inflation data that could provide clues on the timing of Federal Reserve interest rate cuts.ย  Auto stocks fared best in Europe as Michelin rallied after the tiremakerโ€™s earnings and a share buyback announcement. Overall, the…
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