THE US central bank’s decision to slash interest rates this week is a “very positive sign” for where the world’s biggest ...
Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is ...
Economist Lauren Saidel-Baker says Fed’s preferred measure of inflation still remains above 2% target - Anadolu Ajansı ...
One of the most immediate effects of Fed rate cut is the shift in global capital flows. That is where emerging markets like ...
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 ...
Global stock markets are set for a positive weekly close following the Fed’s jumbo rate cuts. The Bank of England’s hawkish ...
Opinion
EDITORIAL: Well Fed
Kristina Hooper, chief global market strategist at Invesco, said the U.S. economy looks set to avert a recession as the Fed starts easing monetary policy just ahead of the U.S. election, and she ...
Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of ...
President Joe Biden said Thursday the Federal Reserve’s decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump’s economic policies as a failure ...
Despite these challenges, the latest report offers some optimism. The four-week average of claims, which smooths out weekly ...
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Claims slid ...
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world ...