Concerns around recession risks also boost the case to own debt, with traders betting global central bankers may have to aggressively cut rates to bolster growth. Such views have seen …
Hong Kong stocks joined a global rally after the Federal Reserve left interest rates unchanged at its latest meeting and signalled an end to its aggressive hikes. The Hang Seng …
By Stan Choe | Associated Press NEW YORK — A powerful rally across Wall Street sent the Dow Jones Industrial Average to a record on Wednesday after the Federal Reserve …
Fed chairman Jerome Powell said the central bank will start cutting rates well before it hits the inflation goal. Fed chairman Jerome Powell prepares to deliver remarks to the Federal …
For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …
The Fed began raising “interest rates” on March 16, 2022. At the time the dollar price of gold was $1,936. 525 basis points worth of hikes later, the dollar price …
In a lot of ways, the U.S. and Canadian economies are similar. They’re both seeing progress in the fight to rein in inflation. They both have robust employment levels. But …
The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should …
U.S. Federal Reserve Board Chairman Jerome Powell (Photo by Drew Angerer/Getty Images) Getty Images Long-term borrowers, including home buyers and businesses looking for term debt, wonder why today’s interest rates …
A trader warily contemplates the signs for the future. (Xinhua/Wang Ying) (Xinhua/Wang Ying via … [+] Getty Images) Xinhua News Agency via Getty Images Recession is a frightening word. Whether …