Shares edge higher with traders on inflation watch

Quick Summary:

SHARES edged higher as traders parsed the latest earnings news and looked forward to a key US inflation print later for clues on the outlook for interest-rate cuts.

Gold was down for a second day after a volatile trading in its previous session saw it surge to a fresh peak above $2,942.Filinvest REIT Corp.

Chair Jerome Powell told Congress Tuesday that the Fed doesn’t need to rush easing, indicating how the economy remained strong.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: PhilippinesChinaHong KongJapanSingapore

Topics: Corp Index Rate Cuts Edged Rose Shares Strong Inflation Outlook Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 11:55:47 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 572 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 26102929

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 75 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 10 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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