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Oil Slips After Fed Rate Cut, Mixed U.S. Demand Signals
Barrons· 2025-09-18 08:42
CONCLUDED Stock Market News From Sept. 18, 2025: Dow, S&P 500, Nasdaq Hit New Highs Last Updated: 13 hours ago Oil Slips After Fed Rate Cut, Mixed U.S. Demand Signals By Giulia Petroni, Dow Jones Newswires Oil prices were slipping in early trade as investors weigh a widely anticipated rate cut in the U.S. and mixed signals about demand. Brent crude was down 0.5% to $67.60 a barrel, while WTI fell 0.6% to $63.66 a barrel. Lower interest rates typically boost economic activity and fuel demand, pushing crude p ...
Dollar recovers as Fed fails to meet dovish expectations
Yahoo Finance· 2025-09-17 23:50
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The U.S. dollar rose against most major currencies on Wednesday, a day after the Federal Reserve delivered an expected rate cut but signaled little urgency to lower borrowing costs quickly in the coming months. The dollar was supported by data that showed the number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump. The dollar’s broad strength pressured the British pound, erasing earlier gains logged a ...