The super-sized cut brings the central bank's target range to between 4.75% and 5.0%. The decision was not unanimous, with Fed Governor Michelle Bowman, the lone dissenter, favoring a 25-bp cut ...
Attention will switch back to economic data for indications on how fast U.S. interest rates will fall from here.
Central banks face a "difficult balancing act" as they start lowering interest rates around the world in the face of falling ...
Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank ...
The pound touched March 2022 highs, rising against major currencies on upbeat data. Nordea Bank analyst cites strong retail ...
US and European stock markets retreated on Friday following a rally and records triggered by a jumbo US interest rate cut ...
Workers’ demands for big pay rises risk prolonging the inflation crisis and forcing the Bank of England to keep interest ...
British government borrowing jumped by almost a third to $18.2 billion last month compared with August 2023, taking borrowing ...
The Bank of England's decision to keep interest rates at 5% brings a 'sense of stability' to the UK motor trade. That is ...
Global stock markets diverged and the dollar was mixed against main rivals Friday following an equities rally triggered by a ...
The yen weakened after the Bank of Japan maintained interest rates at 0.25%, causing the dollar to rise to its highest level ...
In England and Wales, 1,953 businesses went bust, according to the Insolvency Service, compared with 2,286 in August 2023. The figures included 279 compulsory liquidations – when a company is forced ...
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