Fed officials want downward pressure on the economy to ensure inflation cools to 2 per cent target. Read more at straitstimes ...
Steven Englander, Managing Director and Global Head of G10 FX Research and North American Macro Strategy at Standard ...
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the ...
Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September.
IST, the barometer index, the S&P BSE Sensex, rallied 139 points or 0.18% to 76,671.96. The Nifty 50 index added 57.60 points or 0.25% to 23,220.70.
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
The Federal Reserve hit the pause button on interest-rate cuts Wednesday, entering a wait-and-see phase as it tries to determine whether it should cut further, and by how much. With that i ...
Key takeaways In a lower rate environment, CD rates typically decline Shorter-term CDs offer more flexibility to access ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...