interest rate cuts – World News

Business

Oil set to snap winning streak after Fed says in no rush to cut US rates – Times of India

getworldnews1 year ago04 mins

[ad_1] SINGAPORE: Oil prices were on track on Friday to snap a two-week winning streak after the US central bank indicated interest rate cuts could be delayed by at least two more months, but indications of healthy fuel demand and supply concerns could revive prices in coming days. Brent crude futures were down 44 cents,…

Business

Hot US inflation report stops Wall Street stocks rebound | – Times of India

getworldnews1 year ago05 mins

[ad_1] LONDON: A larger-than-expected rise in US wholesale prices Friday rekindled worries over the timing of interest rate cuts and brought a halt to Wall Street’s recent rebound.Markets had shuddered after data released on Tuesday showed US consumer price inflation slowed less than expected in January, dealing a blow to hopes of an early interest…