Gold Nears Record High as Market Rate-Cut Optimism Grows
Gold futures were rising 0.8% to $2,790.80 a troy ounce—approaching the record high of $2,826.30 an ounce, set in late ...
Why Americans still can’t get cheaper mortgages, car loans or card balances after three Fed rate cuts
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
Could the Fed hold interest rates steady all year?
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...
Stocks cheer megacap earnings; euro dips after ECB rate cut
Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, ...
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Fed leaves rates unchanged, sees no hurry to cut again
Global shares rose as investors digested earnings from Microsoft and Meta in the wake of this week's rout in technology ...
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank cut its key interest rate on Thursday to boost an economy that’s struggling to grow as consumers ...
Pressure on rupee to linger after Fed signals no hurry to cut rates
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings, the policy-setting ...
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Powell says US Fed in no hurry to cut rates after pause
The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said Wednesday ...