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 ...
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
ASX climbs. J O Hambro’s Mehta picks Tencent Music. IMF’s Bannan picks Corporate Travel. Ellerston’s Kourtis picks Perpetual.
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central ...
A gauge of global stocks fell for a third straight session on Thursday while the dollar climbed, after U.S. labor market data ...
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested ...
The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.
Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps ...
US central bankers began lowering borrowing costs in September with an aggressive half-percentage-point cut, and then lowered ...
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
Several Fed officials have said they believe the fed funds rate remains in restrictive territory and favor moving gradually ...