In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...
The markets are discounting the chances at 100% for a -25 bp rate cut at the November 6-7 FOMC meeting and a 38% chance for a -50 bp rate cut at that meeting. EUR/USD (^EURUSD) today is down by -0.20% ...
The Federal Reserve made a 0.50 percentage point cut, double the typical reduction. Here's what's behind the decision.
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
The S&P 500 Index today is down by -0.13%, the Dow Jones Industrials Index is down by -0.17%, and the Nasdaq 100 Index is down by -0.19%. Stocks today are moderately lower, giving ...
Analysts Expect Cuts Before Christmas The Bank of England held its main interest rate at 5% today despite a 0.5% percentage point cut by t ...
(Reuters) -European stocks jumped on Thursday after the U.S. Federal Reserve delivered a 50-basis-point rate cut and flagged ...
July 3rd. The Federal Reserve will release the minutes from its June Federal Open Market Committee meeting at 2 p.m. ET. New York Fed President John Williams will deliver remarks ahead of the release ...
The Federal Reserve's big bang start on Wednesday to what's expected to be more interest-rate cuts this year and next may ...
The US dollar has been sitting on the massive 140 yen level for a couple of days, as we are looking forward to the FOMC and the following press conference. This is a situation where the market is ...