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US Fed to cut rates in September and once more this year, say most economists: Reuters poll
A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...
Fed cuts would immediately make borrowing cheaper on credit cards and auto loans, since those products are based on the short ...
Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...
Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...
The bigger-than-expected jump in on US wholesale prices signalled tariffs are pushing up inflation. Read more at straitstimes ...
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
The Fed is hesitant to change interest rates largely due to one factor uncertainty over President Donald Trump's tariffs. The ...
Bitcoin reached a new record high on Thursday, amid increasing speculation that the US Federal Reserve will slash interest ...
The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...
Treasury Secretary Scott Bessent said interest rates should be substantially lower than they are now, and he believes there ...
The US Federal Reserve held interest rates steady last night and Fed Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate.
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