On Wednesday, after what has felt like one of the longest and most painful hiking cycles, the Fed announced a change to their ...

Meanwhile, the People’s Bank of China (PBOC), China's central bank, left its Loan Prime Rates (LPRs) unchanged on Friday.

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...

Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...

Sales of previously occupied U.S. homes declined in August to the slowest annual pace in nearly a year even as mortgage rates ...

Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...

OTTAWA--Some market participants initially misinterpreted the Bank of Canada's message regarding its July decision to cut rates as it pertained to downside economic risks, a senior central bank ...

OTTAWA, Sept 19 (Reuters) - Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean ...

The Fed has begun to rectify that abnormality with its half-point rate cut. This vastly improves the odds of a soft landing. It might even leave the economy and interest rates looking more normal a ...

Former President Donald Trump and Vice President Kamala Harris have a rare point of agreement in their otherwise bitter and ...

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The ...