The stakes for investors are running high ahead of a historic rate cut expected from the Federal Reserve on Wednesday.
For the first time in more than four years, the Federal Reserve cut its key interest rate. Central bankers are aiming to bolster the economy and prevent unemployment from rising.
“The U.S. economy is in good shape,” Powell said. “It's growing at a solid pace. Inflation is coming down. The labor market ...
Maybe it’s just a coincidence, but the week the Federal Reserve cut its key interest rate for the first time in four years, ...
The Federal Reserve announced a 0.5% interest rate cut, citing steady economic activity and a softening job market but still ...
Economists have long looked for the Fed to cut interest rates as a sign that inflation was finally easing and the economic ...
One of the most consequential US Federal Reserve meetings in recent history has put investors’ focus squarely on one question ...
Rates bottomed out below 3% for a 30-year fixed-rate mortgage during 2020 and 2021 when the pandemic led to lockdowns, but ...
Australia’s interest rate path and the outlook for its economy has entered a new zone of uncertainty after the US Federal ...
The outsized role the U.S. plays in the financial world means any move Powell makes (and the signals he sends) will ripple ...
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: ...
Plus: Russia pulls the credentials of six British diplomats in Moscow. | Boeing workers go on strike. | These and more ...