Fed's Daly sees one or two more interest rate cuts this year
San Francisco Federal Reserve Bank President Mary Daly on Wednesday said she "fully" supported the U.S. central bank's half-of-a-percentage-point interest-rate cut last month, and said one or two more rate cuts this year are likely if the economy evolves as she expects.
Fed officials seem split over the future path for rate cuts: minutes
Federal Reserve officials agreed that more rate cuts were likely but seemed to be in two camps about the pace and the size of the moves, according to the minutes of the meeting. Some officials warned against lowering rates "too late or too little" because this risked harming the labor market.
New Zealand's central bank cuts cash rate 50 bps
Gold futures fell for the fourth straight session Wednesday, shedding 1.9% during the period, in the wake of an advancing ...
With recent, stronger jobs data markets expect the remaining cuts of 2024 to be 0.25% moves as chance of 0.5% cut fades.
Stournaras, the governor of the Greek central bank, said inflation could be on the path to meet ECB's 2% target in the first ...
Investors were once again resetting on Monday after last week's strong jobs report upended the market's predictions about how ...
European stocks settled higher on Wednesday, bouncing from losses in the previous session as investors focussed on upcoming ...
The Dow Jones Industrial Average (^DJI) and S&P 500 (^GSPC) recorded new all-time highs at Wednesday's market close as tech ...
Hong Kong’s slumping housing market has received a long-awaited boost from interest-rate cuts and a stock market rally.
Friday's blockbuster jobs report reinforced the surprising increase in mortgage rates, since economic strength means less ...
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