Tag: Fed minutes
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Ringgit Opens Higher on Fed Minutes, but Upside Limited in 2025 Year-End Trade
Ringgit Opens Higher as Fed Minutes Signal Slower Rate Hikes The ringgit edged higher on the last trading day of 2025, edging up against the US dollar as markets digested the latest signals from the Federal Reserve. Minutes from the Federal Open Market Committee (FOMC) released overnight suggested a more cautious stance on future rate…
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Ringgit Opens Higher on Last Trading Day of 2025 as Fed Outlook Caps Upside
Ringgit Edges Higher on Year-End Trading Day The Malaysian ringgit extended its gain against the U.S. dollar on the final trading day of 2025, with early trade showing the local currency slightly stronger as global risk sentiment steadies and traders digest the latest Federal Reserve signals. At 8:00 a.m. local time, the ringgit traded near…
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Fed Minutes Signal a Divided Path as Powell’s Era Nears Its End
Intro: A Fed in transition could reshuffle market expectations The minutes from the U.S. Federal Reserve Board’s October meeting point to a more divided, cautious, and potentially bolder path for monetary policy as Jerome Powell approaches the end of his eight-year term. While the chair has long been associated with consensus-building, the latest documents reveal…
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Stock Market News — Oct. 8, 2025: AI Rally Persists as Markets Hit New Highs While Government Shutdown Stalls
Markets Reach Fresh Highs Amid AI Optimism On Oct. 8, 2025 The S&P 500 and the Nasdaq Composite climbed to new intraday and closing highs on Wednesday, underscoring a continuing AI-driven rally even as questions linger about the durability of the move. The broader market captured momentum from technology and defensive sectors, while the Dow…
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Stock Market News: AI Rally, Fed Minutes, and the Government Shutdown
Stocks Reach New Highs as AI Optimism Persists The U.S. equity market advanced on Oct. 8, 2025, with the S&P 500 and Nasdaq Composite posting fresh intraday and closing records. The rally followed a pullback a day earlier tied to concerns over the pace of AI-related demand, particularly after Oracle signaled softer margins in its…