Fed cuts rates again as Trump’s victory makes future murky
The Federal Reserve cut interest rates for a second straight time Thursday in an effort to keep the economy sailing along by easing the high…
US Fed cuts interest rates by quarter of a percentage point | Inflation News
The Fed will have to navigate a changing economic landscape with the election of Donald Trump as the next US president.The United States Federal Reserve…
European markets drop after Trump’s win as focus shifts to the Fed
European stock markets largely declined on Wednesday, moving in contrast to gains in US markets as investors weighed the impact of Trump’s tariff policies on…
Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election
Breadcrumb Trail LinksPMN BusinessThe Federal Reserve and many rich-world peers are widely expected to lower interest rates again in the coming week, right after a…
RFK Jr. wants fed health data for his antivaccine clams, Trump transition co-chair says
PROVIDENCE, R.I. — A co-chair of Donald Trump’s transition team said Trump supporter Robert F. Kennedy Jr. wants access to federal health data so he can…
GDP, Storm-Impacted Jobs Numbers to Set Table Ahead of Fed Policy Meeting
Breadcrumb Trail LinksPMN BusinessA week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to…
Euro falls to two-month low as Fed shows no rush for further large rate cuts
The euro weakened to a two-month low against the US dollar following the release of the Federal Reserve meeting minutes. The trend is likely to…
US Inflation Is Set to Reassure a Labor Market-Focused Fed
Breadcrumb Trail LinksPMN BusinessUS inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more of its policy focus…
The Hedge Fund Betting Fed Cuts Can’t Revive ‘Failing’ Green Bets
Breadcrumb Trail LinksPMN BusinessIt’s wrong to expect that a cycle of interest-rate cuts from the Federal Reserve will suddenly revive the green transition, according to…
The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
US Fed cuts rates by larger than usual half-percentage point | Inflation News
Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this yearThe United States Federal Reserve has…
The Fed announces big interest rate cut, the first reduction since 2020
WASHINGTON — The Federal Reserve, hoping to give a strong adrenaline shot to the economy, on Wednesday announced a big half-point reduction in interest rates and…
Markets look ahead: EU final CPI, BoE, BoJ, and Fed rate decisions in focus
This week is packed with critical economic data and events, shaping global market sentiment. Three major central banks are scheduled to hold policy meetings and…
World Braces for Fed Easing Amid 36-Hour Rate Rollercoaster
Breadcrumb Trail LinksPMN BusinessThe world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia…
Asian Equities to Gain as Traders Firm on Fed Cut: Markets Wrap
Breadcrumb Trail LinksPMN BusinessStocks in Asia were headed for early gains after a tech rally lifted Wall Street as traders looked beyond elevated core US…
US CPI to Show Another Muted Rise as Fed Debates Rate-Cut Size
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show another month of muted increases, possibly playing into a Federal Reserve…
ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed
Breadcrumb Trail LinksPMN BusinessThe European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as…
U.S. releases jobs report for August, key data for Fed and candidates
WASHINGTON — Job growth picked up in August from the sluggish pace of hiring the previous month, providing a bit of relief after sharp declines earlier…
When Meghan Markle had enough, we got Megxit – now it’s Prince Harry’s turn to look fed up, her response is telling
AS Prince Harry approaches his milestone 40th birthday, he appears to be grappling with a profound internal conflict.His decision to back his wife through ‘Megxit’…
US Jobs Data Will Help Fed Gauge Extent of Moderation: Eco Week
Breadcrumb Trail LinksPMN BusinessUpcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for…