Despite the pause this month, the Fed is still expected to resume rate cuts later this year, aiming to hit 2.5% or lower by ...
Policy changes: When the Fed adjusts the federal funds rate, it spills over into many aspects of the economy, including ...
Fed kept its key interest rate on hold in a range between 4.25-4.5%, following three consecutive cuts. TD Asset Management's ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
Diverging signals about monetary policy from the European Central Bank and Federal Reserve this week have set the euro on a ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
The USD/INR exchange rate has surged to a record high as the Indian rupee remained on edge. It jumped to a high of 86.65, up ...
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty ...
In Japan, the yen was last a touch stronger at 154.19 per dollar, having already climbed more than 1% for the week thus far.
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.