Post-Fed, economists think chair Jerome Powell has opened the door wider for Bank of Canada governor Tiff Macklem to make bigger cuts.
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll.
The Federal Reserve on Wednesday afternoon (September 18th local time) lowered the federal funds rate to the range of 4.75 ...
We recently published a list of 10 Worst Affordable Stocks To Buy Right Now. In this article, we are going to take a look at ...
The traders have overcome the summer headwinds and moved past the concerns over the health of the US economy on the back of ...
The People’s Bank of China announced that its five-year loan prime rate, which affects borrowing costs for households, would stay at 3.85 per cent and its one-year rate, which is tied to business ...
Central bank’s aggressive move follows a gradual reduction in US inflation and comes less than two months before election day ...
Many economists and economic advisers have argued for the Fed to cut rates for months to avoid significant damage to the ...
As recent data show that inflation in the US has fallen below 3 percent, close to the 2 percent target the Fed had set, ...
US stocks jumped overnight, with the Dow Jones Industrial Average and the S&P 500 rising to new all-time highs, as traders cheered the Federal Reserve’s Wednesday decision to lower interest rates by ...
The president said he was not declaring victory over inflation, but marking a pivot point for the recovery from pandemic ...