The Federal Reserve of the US, along with other regulators, plans to make broad changes to a batch of proposed banks' capital rules as early as Sept. 19, according to a report from Bloomberg News on Friday, which cited people who have knowledge of the matter.

Bloomberg reports US plans to propose revisions to Basel rules this month

Upcoming readouts on the US labour market, including the monthly payrolls report, will give Federal Reserve policymakers a look at the necessity of further interest-rate reductions beyond an all-but-certain cut in just more than two weeks.

Fed eyes key labour market data as rate cut decision looms

The impending interest rate cuts to be made by the Fed are "in line" with International Monetary Fund advice that has put a premium on making sure inflation was controlled but now sees risks shifting toward the labour market, IMF economic counsellor Pierre-Olivier Gourinchas said on Friday.

IMF's Gourinchas supports US rate cuts but warns inflation risks remain

Buried deep in the minutes from the Federal Reserve's July 30-31 meeting, the central bank essentially declared victory in its battle against inflation. The Federal Open Market Committee — the Fed's rate-making body — is pleased with the falling inflation rates and easing tightness in the US jobs market.

Fed poised for rate cut as inflation victory nears

In July, the US annual inflation rate slowed to 2.9 per cent, its lowest level since March 2021, according to the latest report from the US Labor Department. The Consumer Price Index (CPI), a broad gauge of prices for goods and services, rose by 0.

US inflation drops to 2.9% in July, lowest since 2021: Key fed decision looms

Monday saw a rise in Asian stock prices as investors looked to this week's crucial US inflation data for fresh clues about the state of the world's largest economy. The Yen has fallen further after touching a seven-month high last week.

Will the FED make quick, sharp rate cuts?

A large majority of economists surveyed believe that interest rates will come down by only a quarter point in September, at odds with some calls by large Wall Street banks for a jumbo cut at the next meeting.

Economists remain cautious amid divergent projections on Fed rate cuts

Oil is headed for a fourth consecutive weekly slide, as concerns over demand from the world's biggest economies are outweighing increased geopolitical tensions. Brent traded near $80 a barrel after a 1.

Oil prices plunge as demand concerns and geopolitical tensions bite

Growth in worker productivity in the US gained steam, underscoring lighter labour-cost pressures and a better outlook for inflation. Nonfarm productivity, or the amount an hourly worker produces per hour, rose at an annualised rate of 2.

Surge in US worker productivity illuminates positive inflation trajectory

Interest rates of over two-decade highs in the US have impacted the broader economy. The Federal Reserve, in its fight against surging inflation, hiked rates aggressively to the highest in over 20 years.

Impact of high interest rates on the US economy

Federal Reserve officials are primed to start trimming borrowing costs in the coming months, with Chairman Jerome Powell potentially hinting at it the following week.

US Fed poised for potential rate cut as economic indicators signal balance

Federal Reserve Bank of San Francisco President Mary Daly reiterated that she would want to see firmer signs that inflation is heading back toward the Fed's 2 per cent target before the central bank considers cutting interest rates.

Fed's Daly urges caution before considering rate cuts

Is the US Federal reserve changing its tune on rates? FED chair Jerome Powell said that authorities are becoming more cautious about the risks to the labour market from high borrowing prices. He, however, added that the central bank was looking for additional indications that inflation is slowing down.

Rate cut bets rise after Powell's speech

Federal Reserve Governor Lisa Cook was upbeat on the trajectory of the US economy on Wednesday, saying that inflation may further go down without a huge jump in unemployment.

US Fed's soft landing bet: inflation falls, jobs steady, rate cuts loom

Oil prices nudged higher as signs of another inventory draw in the US offset concerns on the timeline for Federal Reserve interest-rate cuts following Chair Jerome Powell's testimony.

Is the Fed's hesitation fuelling a surge in oil prices?

This week, US equities eked out an all-time high on Friday as investors expected the June jobs report to entice the Federal Reserve to consider a rate cut. The benchmark S&P 500 inched roughly 0.

Record highs and rate cut hopes: what’s driving US equities?

Jerome Powell, US Federal Reserve chair, maintains his hawkish stance on interest rate cuts despite falling inflation. Central bankers still foresee three interest-rate cuts before the end of 2024, but leaders are waiting and watching for more data to confirm inflation continues to slow.

US Fed holds rates steady, waits for confirmation on inflation retreat

A group of large US banking giants on Friday announced intentions to boost their third-quarter dividends after satisfactorily passing the Federal Reserve's yearly stress test that tests whether banks have enough capital to survive severe economic and market turmoil.

US banking giants to hike dividends after passing Fed stress tests

All eyes are on the US Federal Reserve as it tracks economic data to decide on rate cuts. Now, a measure of prices tracked closely by the Fed suggests that inflation pressures in the economy are easing.

Fed rate cuts in sight? Preferred inflation gauge shows price pressures easing

Now, we turn our attention to market moves this morning. Asian stocks tracked US peers higher as the federal reserve's cautious outlook on interest rates did little to alter wall street bulls. Cooling US inflation also swayed traders' sentiment.

Fed's hawkish tone offset by cooling US inflation

Investors will watch the Federal Reserve's meeting this week for clues on the central bank's view on rate cuts. Broadly, the Fed is expected to keep policy rates on hold for a seventh consecutive meeting.

All eyes on the Federal Reserve meeting

The growing divide between the haves and the have-nots is clearly visible in the United States. The Federal Reserve's indecision is not helping the cause. Watch in for more details!

Near-unprecedented pace of wealth creation in US stocks

US consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market expectations for a September interest rate cut.

US inflation resumes downward trend, boosts rate cut hopes

Federal Reserve Chair Jerome Powell said the US central bank needs to be patient as it awaits more evidence that high interest rates are curbing inflation, doubling-down on the need to keep borrowing costs elevated. Watch in for more details!

US Fed likely to keep rates higher for longer to curb inflation

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