European stocks are set to open higher on Friday as market players increase their bets the U.S. Federal Reserve will cut interest rates this month.
New York Fed President John Williams says the Fed should "act quickly" while the economy is slowing and rates are low.
U.S. and Chinese officials discuss trade over the phone; Treasury Secretary Steven Mnuchin suggests face-to-face talks could follow.will cut interest rates this month.Britain's FTSE 100 was seen 31 points higher at 7,524, Germany's DAX up by 75 points at 12,310, and France's CAC climbing 31 points at 5,584, according to IG index data.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500 rises on hopes the Fed will take a more aggressive easing approachStocks rose today after comments from a top Fed official bolstered confidence that the Fed is set to cut rates later this month. The Dow closed flat as the S&P popped 0.36% and the Nasdaq rose 0.27%.
Read more »
Asia stocks set to trade mixed as hopes rise for more easing from the FedStocks in Asia Pacific were set to trade mixed on Friday, following overnight comments from a U.S. Federal Reserve official that led to rising expectations the central bank could ease monetary policy more than expected.
Read more »
The Fed is acting insane — that’s the economy’s biggest problemDon’t look to politicians to contribute anything but more debt plus inaction on tackling the hard problems.
Read more »
As Fed nears rate cut, policymakers debate how deep, and even ifWith the first U.S. interest rate reduction in a decade expected later this mont...
Read more »
Fed up Puerto Ricans protest, demanding governor Rossello's resignationPuerto Rico’s governor rejects calls for resignation over profane chats he participated in with close advisers
Read more »