News

Egypt central bank set to cut rates by 100 basis points

Egypt's central bank is likely to cut its key interest rates by 100 basis points on Thursday to support growth as inflation ...

Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher

Federal Reserve chairman Jerome Powell signaled a possible interest rate cut in the months to come, sending stocks sharply ...

Mortgage Interest Rates Today: Mortgage Rates Stay Put-for Now-While Fed's Next Step Looms

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

Asian shares track Wall Street's rally after Powell hints at rate cuts

Asian shares advanced on Monday, tracking Wall Street’s rally after the head of the Federal Reserve hinted that cuts to ...

Fed's Powell signals likely September interest rate cut, citing 'downside risks' to jobs

Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.

Fed Chair Powell Faces Fresh Challenges to Fed Independence Amid Potential Rate Cuts

There are 19 members of the Fed’s interest-rate setting committee, 12 of whom vote on rate decisions. One of them, Beth ...

Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

Powell Tees Up Rate Cuts, Acknowledges Weakening Economy

In his final speech at the Federal Reserve’s summer retreat, Chairman Jerome Powell said the changing economic landscape ...

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a ...

Powell’s Rate Cut Signal Reflects Economy’s Delicate Position

The Fed chair’s measured approach leans toward cautious easing amid a “curious” labor market, despite inflation perils.

Warning Signs Abound In Trade Data As Fed Hints At Lowering Interest Rates

In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...