News

Jamie Dimon warned that markets are underestimating inflation and the risk of more Fed rate hikes amid global trade tensions.
Thursday's Bureau of Labor Statistics job report showed slightly lower unemployment in June (4.1% compared to 4.2% in May) ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
Investors digested the latest Federal Reserve interest rate decision amid ongoing Israel-Iran hostilities that could draw in the US.
The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald Trump to make cuts.
The Wall Street brokerage expects rate cuts of 25 basis points each in September, October and December. "We had previously ...
America's job market faced a slowdown in June. The unemployment rate increased to 4.3 percent. This is the highest in three ...
The Reserve Bank shocked most experts, and borrowers, by keeping interest rates on hold in July, but does it mean we might ...
Reserve Bank of Australia shocks markets by keeping rates unchanged at 3.85% despite 92% probability of cut. Governor Bullock ...
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
Citigroup and Wells Fargo also expect the Fed to cut rates by 75 basis points in 2025, while UBS Global Research forecasts ...
The Federal Reserve cut interest rates in 2024 after having raised them 11 times throughout 2022 and 2023 to combat inflation, but savings rates still haven't substantially declined.