News Results

  1. Oil steady as investors weigh U.S. rate fears, firmer seasonal demand
    Reuters | 05/23/24 11:34 PM EDT

    Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand lent support.

  2. Japan's Nikkei slides tracking Wall Street as Fed outlook weighs
    Reuters | 05/23/24 10:32 PM EDT

    Japan's Nikkei share average sank on Friday, tracking declines on Wall Street after robust U.S. economic data stoked bets that stubborn inflation may delay Federal Reserve interest rate cuts.

  3. Asian stocks fall, dollar rises as rate cut wagers waver
    Reuters | 05/23/24 10:16 PM EDT

    Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in cutting rates, keeping investors away from risky assets.

  4. Asian stocks fall, dollar rises as rate cut wagers waver
    Reuters | 05/23/24 10:16 PM EDT

    Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in cutting rates, keeping investors away from risky assets.

  5. Japan's inflation slows further, keeping BOJ cautious on further rate hikes
    Reuters | 05/23/24 10:13 PM EDT

    * April core CPI rises 2.2% y/y, cools from March, matches f'cast. * Core-core CPI rises 2.4%, slows from March. * Soft consumption likely to reinforce BOJ caution on rate hikes. By Makiko Yamazaki and Satoshi Sugiyama.

  6. Japan's inflation slows further, keeping BOJ cautious on further rate hikes
    Reuters | 05/23/24 10:13 PM EDT

    Japan's core inflation slowed for a second straight month in April, likely signalling that the Bank of Japan will be patient in raising interest rates as consumption remains fragile. While inflation is tracking comfortably above the central bank's 2% target, policymakers are keen to see Japan's price impulse bears the stamp of sustainable domestic demand.

  7. GLOBAL MARKETS-Asian stocks fall, dollar rises as rate cut wagers waver
    Reuters | 05/23/24 10:05 PM EDT

    Asian stocks fell on Friday, while the dollar advanced as strong U.S. economic data bolstered the prospect of interest rates staying higher for longer and the Federal Reserve taking its time in cutting rates, keeping investors away from risky assets.

  8. PRECIOUS-Gold on track for first weekly dip in three as rate-cut bets dwindle
    Reuters | 05/23/24 09:42 PM EDT

    Gold rose on Friday but was set for its first weekly drop in three weeks, as investors lowered expectations of a U.S. interest rate cut after the Federal Reserve's latest meeting indicated that there would be a delay in monetary policy easing. FUNDAMENTALS. * Spot gold rose 0.2% at $2,332.14 per ounce, as of 0119 GMT.

  9. Dollar set for weekly gain as rate cut bets ebb
    Reuters | 05/23/24 08:43 PM EDT

    The dollar headed for its largest weekly rise in a month and a half on Friday, helped by surprisingly strong U.S. economic indicators and a hawkish tone in Federal Reserve minutes. The Australian dollar is down 1.3% to $0.6605 through the week so far and the New Zealand dollar is about 0.6% weaker at $0.6098. The euro traded at $1.0814 in the Asia morning, down 0.5% for the week.

  10. FOREX-Dollar set for weekly gain as rate cut bets ebb
    Reuters | 05/23/24 08:41 PM EDT

    The dollar headed for its largest weekly rise in a month and a half on Friday, helped by surprisingly strong U.S. economic indicators and a hawkish tone in Federal Reserve minutes. The Australian dollar is down 1.3% to $0.6605 through the week so far and the New Zealand dollar is about 0.6% weaker at $0.6098. The euro traded at $1.0814 in the Asia morning, down 0.5% for the week.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_results