News Highlights: Top Global Markets News of the Day - Friday at 3 PM ET

Fed's Waller Sees More Rate Cuts and Tamer Inflation Ahead 
 

The Fed governor supported a half-point reduction in interest rates at this week's policy meeting.

 
The Lone Dissenter Inside the Fed Who Voted Against Powell's Rate Cut 
 

Governor Michelle Bowman, who supported a smaller cut, said she worries that moving too fast looks like 'a premature declaration of victory.'

 
U.S. Stocks Slip; FedEx Shares Sink 
 

U.S. stocks slipped, sobering up after the previous sessions' Fed-fueled exuberance.

 
Canada Retail Sales Climb 0.9% in July, Seen Up Again in August 
 

Strengthening sales volumes will be welcome news to the Bank of Canada, which has been concerned about downside risks to the economy.

 
Israel Says It Killed Top Hezbollah Commander in Beirut Strike 
 

The attack represents another security failure for the militant group that has been reeling from repeated Israeli blows.

 
BOJ Governor Strikes Cautious Note Over Global Economic Outlook 
 

Bank of Japan Gov. Kazuo Ueda warned about uncertainties related to the global economic outlook at a press conference following the central bank's decision to keep rates unchanged.

 
China Leaves Benchmark Lending Rates Unchanged, Defying Expectations 
 

The People's Bank of China shrugged off expectations for a cut following the Federal Reserve's outsize rate cut earlier this week.

 
Solving the Mystery of an Investment That's Too Good to Be True 
 

Chasing the promise of a 17.1% return reveals nonexistent companies, illusory returns and unlicensed salespeople making absurd claims.

 
U.K. Shoppers Keep Spending as Sun Shines 
 

Retail sales were 1% higher in August than in July, helped by warmer weather and end-of-season discounts, in a boost to economic growth.

 
House Republicans Defy Trump's Call for Brinkmanship on Shutdown 
 

Party leaders are discussing a three-month deal that is expected to be amenable to Democrats.

(END) Dow Jones Newswires

September 20, 2024 15:15 ET (19:15 GMT)

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