News Results

  1. Bank Of Japan Leaves Interest Rate At 0.25%, Diverging From Fed's 50 Basis Point Cut
    Benzinga | 09/19/24 11:33 PM EDT

    Bank of Japan decided on Friday to maintain its benchmark interest rate at around 0.25%. What Happened: The decision aligns with predictions from a Reuters poll, where economists anticipated another rate hike by the end of the year. Following the announcement, the yen remained nearly unchanged at 142.52 against the dollar.

  2. GLOBAL MARKETS-Asian shares extend rally, yen edges higher as BOJ holds line
    Reuters | 09/19/24 11:25 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 edged higher as the Bank of Japan held rates steady and stayed upbeat on the economy. In China, the central bank kept its benchmark lending rates on hold, countering expectations for a move lower.

  3. RBA to keep rates steady on Sept. 24, cut in Q1 2025: Reuters poll
    Reuters | 09/19/24 11:18 PM EDT

    Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid elevated price pressures, according to economists polled by Reuters, with most expecting the first reduction early next year. Inflation slowed to 3.5% in July but was still above the Reserve Bank of Australia's 2%-3% target range.

  4. Tesla, Nike, Alibaba, FedEx, Trump Media & Technology: Why These 5 Stocks Are On Investors' Radars Today
    Benzinga | 09/19/24 11:16 PM EDT

    The U.S. stock market reached new heights today, following the Federal Reserve?s unexpected decision to cut interest rates for the first time in over four years. This bold move led to a surge in the S&P 500 and Dow Jones indices, reaching all-time highs of 5,700 and 42,000 points respectively.

  5. FOREX-Yen pares losses as BOJ sounds upbeat, dollar dogged by rate outlook
    Reuters | 09/19/24 11:15 PM EDT

    The yen pared its losses on Friday as the Bank of Japan sounded optimistic about growth and signalled it will be judicious about further policy tightening, while the dollar had its own problems as markets priced in more rapid U.S. rate cuts. It has been a tough week for the yen, with the euro gaining 2.2% to 159.46 as speculators booked profit on recent long yen positions.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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.

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.

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