News

Bank of England Set to Cut Interest Rates Again. Why the Fed Is Lagging Further Behind the U.K.
President Donald Trump’s widespread tariffs have increased uncertainty about the outlook across the globe, and BOE officials ...
May Fed Meeting: Rates Steady On Policy Tightrope
The FOMC meeting continued to reflect a patient and data-driven Fed in the face of an uncertain environment. Read more of ...
Federal Reserve leaves its benchmark interest rate unchanged
The Federal Reserve said Wednesday it is leaving its benchmark interest rate unchanged, resisting pressure from President ...
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady
U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, ...
Wall Street points higher ahead of Federal Reserve interest rate call
Walt Disney Co. jumped more than 6% in premarket after the entertainment behemoth easily beat Wall Street’s profit targets ...
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US Fed Meeting Highlights: Powell-led FOMC holds rates steady; S&P 500 closes higher in volatile session
Futures on Wall Street are surging after the Trump Administration said that Treasury Secretary Scott Bessent and top trade ...
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The U.S. central bank is widely expected to stick to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth.
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US Federal Reserve keeps rates unchanged despite pressure from Trump
As widely expected, the US Federal Reserve has kept its benchmark interest rate unchanged despite pressure from President ...
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US Fed pauses rate cuts again and flags inflation, unemployment risks
Policymakers voted unanimously to hold the US central bank’s key lending rate at between 4.25 per cent and 4.5 per cent. Read ...
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Fed holds rates steady as it remains in wait-and-see mode
Inflation is still running above the Fed’s 2% target, the labor market is showing resilience and there’s uncertainty over ...
Risks of Fed cutting rates too early are higher than waiting, says economist
Should the Federal Reserve cut interest rates too early amid a fog of uncertainty around tariffs, inflation and fiscal policy, the risks would be greater than if the central bank ended up being a bit ...