Stocks Rise After Fed Maintains Rate-Cut Outlook
All three leading U.S. indexes finish the session at record highs.
Fed Officials Still See Three Interest-Rate Cuts This Year, Buoying Stocks
Central bankers expect inflation slowdown to resume and maintain their lower-rate outlook.
China's Central Bank Hints at More Monetary Easing
The People's Bank of China hinted at more monetary easing ahead, as Beijing doubles down on efforts to juice up its economy and manufacturing sector.
Japan Export Growth Surprises in February
Japan's exports rose by more than expected in February, led by growth in shipments of autos and auto parts, data from the Ministry of Finance showed.
Australia's Job Market Bounces Back in February
Australia's unemployment rate fell sharply in February, easing fears that the job market had started to weaken precipitously over recent months.
Glynn's Take: RBA's Stubborn Refusal to Provide Rates Guidance Pays off
The Reserve Bank of Australia's policy of offering up little that resembles meaningful guidance on the interest-rate outlook appears to be paying it huge dividends now after stellar jobs data.
Bank of England Likely to Follow Fed Pausing Interest Rates. When to Cut.
Like the Federal Reserve, the BOE has seen inflation slow markedly. But unlike in the U.S., the U.K. economy has fallen into recession.
Bank of Canada Officials Believed Rate Cuts Would Come in 2024, But Debated Timing, Minutes Say
The officials believed they would be in a position to cut interest rates this year, although they disagreed on when inflation would slow to a point to trigger such a move,
The U.S. Market Is Too Hot. Money Is Flowing Into European Stocks.
The S&P 500 has become expensive, while the Stoxx Europe 600 hasn't.
The Era of No-Brainer 5% Returns on Cash Is Ending
Cash has been a hot investment since the Fed started raising rates, but the landscape is changing as the central bank considers cutting.
(END) Dow Jones Newswires
03-21-24 0315ET
