The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Bank of America predicts deeper Federal Reserve rate cuts despite its recent 50 bps reduction. They forecast an additional 75 ...

In Japan, the Bank of Japan (BoJ) kept its uncollateralized overnight call rate unchanged at 0.25% this morning. In its ...

- The Nikkei was unmoved by the BOJ and again led Asia today, +2% on top of yesterday’s +2.2%. JP yields also non-responsive.

This deep cut was in line with market expectations that had progressively shifted in favour of a half a point cut than the ...

In a move that was widely anticipated, the Federal Open Market Committee (FOMC) opted on Wednesday to cut its fed funds ...

President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation ...

The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks ...

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.

The FTSE 100 closed up 75.04 points at 8328.72. Among the companies with reports and trading updates today are Next, Ocado ...

It might tempt the European Central Bank to consider lowering rates again next month, for a third time since June.

Treasury Secretary Janet Yellen said that the Federal Reserve’s interest-rate cut Wednesday was “a very positive sign for ...