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• The Federal Reserve cut interest rates Wednesday by a quarter point as expected, lowering borrowing costs for the third time this year. • Wall Street rallied after Fed Chair Jerome Powell ruled out ...
The Reserve Bank of Australia has kept interest rates at 3.6 per cent. Despite a recent pick-up in inflation, the RBA says some of the increase in inflation was due to temporary factors. Governor ...
Sentiment has shifted dramatically in favor of an interest rate cut. Top officials at the Federal Reserve have displayed a rare degree of public disagreement over a possible interest rate cut next ...
Asian stocks were down this morning and Europe was flat, but investors in U.S. equities were ignoring all that in renewed hopes that the U.S. Federal Reserve will cut interest rates in December, thus ...
In major reversal, the odds of a December interest rate cut have risen to 79% from around 40% earlier this month. The jump in expectations came after New York Fed President John Williams said further ...
The Federal Reserve cut interest rates for the first time in nine months on Wednesday, signaling concerns about a weakening labor market. The central bank’s Federal Open Market Committee voted to ...
Bond futures traders see a 94% chance of a quarter-point cut and a 6% chance of a larger half-point cut on Wednesday. With recent data showing a weakening labor market, analysts expect central bankers ...