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The pivot from rate hikes in 2022 and 2023 to rate cuts was widely forecast, and a big reason behind the S&P 500's epic 24% ...
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
The market is widely expecting the third cut of the year to be handed down, which would bring the official cash rate target ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The Reserve Bank of Australia has delivered Australian borrowers another gift, with its third rate cut in five months.
The Reserve Bank had been expected to cut the cash rate at 3.6 per cent, to its lowest since April 2023, but instead left it ...
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
The research, co-authored by New York Fed President John Williams, tracks how the risk of reaching the zero lower bound—the ...