The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Wall Street is rallying after the head of the Federal Reserve indicated cuts to interest rates may be coming, though he gave no clear clue about when.

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the government’s $37 trillion debt burden—likely a central motivation.

Japan's Ministry of Finance is preparing to ramp up the interest rate it factors in for long-term government bonds to the highest level in 17 years as it gathers in other ministries' budget requests for fiscal 2026/27,

President Donald Trump has gone on a bond buying spree since taking office, reportedly sinking more than $100 million into debt issued by big companies and municipal governments alike.

Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.

New Zealand's central bank will likely cut its key interest rate twice more this year, taking it to 2.50%, according to a majority of economists polled by Reuters following the latest policy meeting,

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September rate cut that it doesn't leave Fed Chair Jerome Powell much room to clearly signal a rate cut,