News Results

  1. Japan's Nikkei 225 futures unmoved by BOJ decision to stand pat
    Reuters | 09/19/24 10:59 PM EDT

    Japan's Nikkei share average futures were largely unmoved by the Bank of Japan's widely expected decision to leave policy settings steady on Friday. Nikkei futures remained 2.1% higher as of 0255 GMT, shortly after the BOJ announcement.

  2. BOJ keeps interest rates steady, sticks to upbeat economic view
    Reuters | 09/19/24 10:58 PM EDT

    The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on track for a moderate recovery. In a widely expected move, the central bank left unchanged its overnight call rate target at 0.25% by a unanimous vote. BOJ Governor Kazuo Ueda will hold a news conference at 3:30 p.m. to explain the decision.

  3. BOJ keeps interest rates steady, sticks to upbeat economic view
    Reuters | 09/19/24 10:57 PM EDT

    The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on track for a moderate recovery. In a widely expected move, the central bank left unchanged its overnight call rate target at 0.25% by a unanimous vote. BOJ Governor Kazuo Ueda will hold a news conference at 3:30 p.m. to explain the decision.

  4. Japan's Nikkei jumps 2% on Wall Street's lead; BOJ decision looms
    Reuters | 09/19/24 10:28 PM EDT

    Japan's Nikkei share average jumped more than 2% in the morning session on Friday, tracking overnight gains on Wall Street, while traders also kept a wary eye ahead of the Bank of Japan's policy decision later in the day. The tech-heavy Nikkei was up 2.05% at 37,915.87, as of 0156 GMT, with chip-sector stocks rallying in line with U.S. equities' upbeat moves overnight.

  5. China unexpectedly leaves lending rates steady; markets expect cuts soon
    Reuters | 09/19/24 10:05 PM EDT

    China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve delivered an outsized interest rate cut earlier this week.

  6. China unexpectedly leaves lending rates steady; markets expect cuts soon
    Reuters | 09/19/24 10:03 PM EDT

    * China holds benchmark lending rates steady, confounds markets. * Analysts expect cuts soon as Fed's easing gives Beijing leeway. * Raft of weak Chinese economic data raises urgency for policy action.

  7. BOJ keeps rates steady, upgrades view on consumption
    Reuters | 09/19/24 09:53 PM EDT

    The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signalling its confidence a solid economic recovery would allow the central bank to raise interest rates again in coming months.

  8. Stocks hover near all-time highs, yen drops as Ueda disappoints hawks
    Reuters | 09/19/24 09:50 PM EDT

    - World stocks hovered near record highs on Friday, underpinned by a big interest rate cut from the Federal Reserve earlier this week, while the yen eased after Bank of Japan Governor Kazuo Ueda tempered market expectations around imminent rate hikes.

  9. GLOBAL MARKETS-Asian shares bathed in Fed afterglow, yen jittery ahead of BOJ
    Reuters | 09/19/24 09:46 PM EDT

    Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest rate cut in the United States, while the yen was jittery ahead of a monetary policy decision in Japan as traders look for clues about future tightening. In China, the central bank held its benchmark lending rates steady, dashing hopes for imminent policy support for its ailing economy.

  10. BOJ signals no rush in raising rates again, keeps policy steady
    Reuters | 09/19/24 09:46 PM EDT

    * BOJ keeps short-term rate steady at 0.25% as expected. * BOJ upgrades view on consumption. * Gov Ueda says domestic economy on track, warns of U.S. risk. * Remarks weaken yen, heighten uncertainty on rate hike timing. By Leika Kihara and Kantaro Komiya.

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