The U.S. stock market was already priced two-thirds of the way for a 50 basis point cut. So they basically delivered on what they market was already discounting. It was probably the appropriate move ...
After an all-out fight against inflation over the past two years, the Federal Reserve recently voted to lower interest rates ...
Bank policymaker says higher interest rates needed to ‘purge’ inflation risks - Catherine Mann, a member of the Bank’s ...
On Thursday, the S&P 500 jumped 1.7% to 5,713.64 for one of its best days of the year and topped its last all-time high set ...
By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between ...
In the bond market, the yield on the 10-year Treasury held steady at 3.71%, where it was late Wednesday. The two-year ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
The Bank of Japan maintained interest rates at 0.25% as inflation rose to 2.8%, signaling potential future hikes while crypto ...
Zimbabwe’s stock market has surged as investors seek refuge from the struggling Zimbabwe Gold-backed currency, raising ...
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...
UK state debt is as big as the country's economic output for the first time since the 1960s, data showed Friday, as the new ...
Jay Powell argued this week that the Fed is not 'behind' as it starts rate cuts. His main task in the coming months is to ...