Economy News Fed, Boj Dominate Rate Week For Almost Half The Global Economy

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

Charting the Global Economy: Fed Reins In Rate-Cut Expectations

Meanwhile, after lowering rates a quarter point, the Fed chair issued a blunt warning that investors need to temper expectations for a December cut. The Bank of Canada cut interest rates as it sees ... Read More

Treasury Yields, Dollar Rise on Fed’s Hawkish Tone

1543 ET – Treasury yields rise in the wake of the Fed’s interest rate cut and Chair Powell’s push back against markets expectations of another trim in December. The dollar gets support from higher ... Read More

Inflation remained well above the Fed's target in September ahead of rate cut decision

Inflation stayed elevated in September and remained well above the Federal Reserve's target rate as policymakers prepare to meet next week to decide on their forthcoming interest rate move. The Bureau ... Read More