Interest rate futures now expect a 75 per cent probability that the Fed will cut rates by 25 bps in December, from 70 per ...
Asian shares have advanced after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on ...
The Fed has long guarded its role as an independent institution able to make difficult decisions about borrowing rates, free ...
The world's 10 richest people, led by Elon Musk, gained a record $64 billion in a day as markets rallied on investor ...
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
The Federal Reserve decided to ease its monetary policy again, with a second cut to its Fed funds target rate this year ...
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...