Asian Stocks Gain in Thin Holiday Trading as Wall Street Hits Records
Asian Markets Track Wall Street Records Asian equities advanced on Friday, following a strong U.S. session in which the S&P 500 and NASDAQ Composite both closed at record highs. The U.S. rally was driven by upbeat corporate earnings and a...
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Jerome Powell Says He Will Remain on Federal Reserve Board After Chair Term Ends
Powell Cites Legal Pressures in Decision to Stay Jerome Powell stated that he would continue to serve on the Federal Reserve Board after his term as chair concludes in May. He framed this as a response to mounting legal challenges...
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Fed Holds Rates Steady as Rare Four-Way Dissent Emerges
Fed Maintains Policy Rate, Signals Data-Dependent Stance The Federal Open Market Committee (FOMC) kept the federal funds rate in the 3.5%–3.75% target range in April 2026, extending a pause in policy changes to a third consecutive meeting. The benchmark interest...
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Germany Inflation Rises to 2.9% in April 2026
Headline Inflation Reaches Highest Level Since January 2024 Preliminary figures show that Germany’s annual consumer price inflation rose to 2.9% in April 2026. This compares with a 2.7% rate recorded in March and marks the highest reading since January 2024....
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Eurozone Economic Sentiment Falls to Lowest Level Since 2020
Eurozone Sentiment Weakens Across All Major Sectors The Eurozone ESI dropped to 93.0 in April 2026, compared with earlier readings and remaining below its long-term average. The decline was broad-based, with sentiment worsening in all key sectors as the economic...
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