News

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.

Week Ahead for FX, Bonds: U.S. PCE Inflation Data in Focus as Fed Rate Cut Looks Likely

U.S. PCE inflation data for July will be the key economic indicator as investors anticipate that the Federal Reserve will ...

After 9 months on hold, the Fed could cut rates in September. Why the long pause may extend stocks’ rally.

Investors are betting the Federal Reserve will resume interest-rate cuts in September, nine months after its last reduction ...

Fed Chair Powell says inflation, hiring slowdown pose 'challenging situation'

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown ...

Exclusive: Fed's Musalem says more data is needed to decide whether a September rate cut is warranted

St. Louis Fed President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the ...

Asian Shares Track Wall Street's Rally After Powell Hints at Rate Cuts

Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be ...