Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in ...
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
New research finds that Trump’s policies could drive rates much higher than markets are assuming. This rate-cutting cycle may ...
In the currency markets, the dollar towered against its major peers at a one-year top. It gained for five days on the yen, up another 0.2% to 156.56, the highest since July.
The 10-year Treasury yield hovered near a 4-month high on Thursday after Federal Reserve chair Jerome Powell indicated that the central bank is in no hurry to slash interest rates. The 10-year ...
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar amid expectations of fewer Federal Reserve ...
Sterling traded 0.02% lower at $1.2666 and was similarly set to lose 2% for the week, its worst weekly fall since January 2023 ...
The Australian Dollar (AUD) continues its decline for the sixth consecutive session on Friday, hovering near three-month lows ...
The Nikkei 225 index remained under pressure on Friday morning after Japan published the latest GDP data and Jerome Powell ...