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

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

Tight monetary policy coupled with a penny-pinching fiscal agenda usually results in currency appreciation, and sterling is surging on the prospect. But it's far from clear why the UK government or ...

Asian markets built Friday on the latest global rally after a jumbo US interest rate cut, while the yen edged up as focus ...

T his week’s Federal Open Market Committee meeting is notable for two things. America’s central bank is shifting into ...

Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...

White House economic adviser Jared Bernstein confirmed that President Joe Biden has not communicated with Federal Reserve ...

On the 18th, the Federal Reserve (Fed) implemented a ‘big cut,’ reducing the benchmark interest rate by 0.50 percentage ...

The Fed's effect on EM secondary markets has been quite muted so far. One analyst said the knock on effect to EM has slowed, ...

The Fed's 50 basis point cut seemed to cause markets both excitement and concern about the health of the US economy.

The FTSE 100 index rose 75.04 points, or 0.9%, at 8,328.72. The FTSE 250 ended up 327.40 points, 1.6%, at 21,162.71, and the AIM All-Share gained 5.52 points, or 0.7%, at 748.08.