The European Central Bank (ECB) looks set deliver the first of four rate cuts expected for 2025, and the euro may rise as the ECB underpins narrowing yield differentials.
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
According to the Australian Bureau of Statistics (ABS), the country’s consumer price index (CPI) rose by 0.2% in the December 2024 quarter, lowering annual inflation to 2.4%. Falling fuel and ...
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...
The Federal Reserve’s decision on Wednesday to keep its overnight bank lending rate where it is — following a full percentage point cut last year — means you still have an opportunity to enjoy solid, ...
"We do not need to be in a hurry to adjust our policy stance," Fed Chair Jerome Powell said Wednesday, as Bitcoin bounced ...
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
The vote was unanimous to keep the rate in the range of 4.25%-4.5%, after lowering rates by a full percentage point at the ...