Near-term policy and economic uncertainty, including new pronouncements from Republican candidate Donald Trump, are pushing ...
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a ...
It is also significant in timing, coming just months before the U.S. heads to the polls ... rate cut means for the U.S.
Now that the Federal Reserve has set a course correction on interest rates, attention can turn this week to a batch of data that could answer the question of how the economy will run out the year.
Gold rallied toward a fresh record high as investors turned their attention to the upcoming US election, with polls ...
Consumer spending makes up about 70% of the US economy, with retail sales comprising a sizable chunk of that. Thursday’s ...
The CME FedWatch tool shows 90.2% of Fed funds bettors expect a 25 bp rate cut at the Nov meeting, now 20 days away. Given the data evidence yesterday of a robust, resilient economy, we wonder if this ...
The Bank of Canada will cut its overnight rate by 50 basis points on Oct. 23 as price pressures ease, according to two-thirds of economists polled by Reuters who however failed to reach a consensus on ...
a snap Reuters poll found on Friday. "Now that the Fed has signaled a rather dovish pivot with a 50bp rate cut, BI has been afforded the luxury of allowing itself to be more inward-looking and ...
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December, according to a strong majority of over 100 economists in a snap Reuters poll. The central ...