Even so, consumer spending has been healthy, fueling concerns that there is no need for the Fed to reduce ... in ...
After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...
A blowout jobs report has deflated hopes of a rate cut before Christmas and reinforced expectations in the market that the Reserve Bank will not be lowering borrowing costs anytime soon.
The pound gained as traders pared bets on further Bank of England monetary easing this year, with the outlook for price ...
It’s true that rate cuts have some benefits. But Fed Chair Jerome Powell is no Wizard of Oz ... home sales down slightly over the past year. In July, pending home sales dipped to their lowest ...
BlackRock CEO Larry Fink said the Fed will cut rates just once more this year amid sticky inflation in the US and globally.