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Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Trump has pressed the Fed to lower interest rates and launched several attacks on chairman Jerome Powell. The FTSE 100 came ...
Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...
Chicago Federal Reserve President Austan Goolsbee thought about that Wednesday as he toured Mel-O-Cream Donuts in Springfield ...
The Fed had held its policy rate in the 5.25%-5.50% range since July of 2023 as inflation fell from a 40-year high to a level that is now approaching the central bank's target.
The bigger-than-expected jump in on US wholesale prices signalled tariffs are pushing up inflation. Read more at straitstimes ...
Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who think the ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
Spot gold is down 1.8% this week, despite a 25% year-to-date increase. Ongoing tariff uncertainties and inflationary ...