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

Fed likely to cut rates again despite 'no risk-free' path for policy, analysts say

Analysts expect the Fed to proceed with another quarter-point rate cut, viewing a cooling labor market as a larger concern than inflation. Read More

Fed poised to cut rates this week, with more easing likely on tap

Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the second time this year as they look to prevent further ... Read More

BOJ Likely to Raise Rates in October, Lifting Yen

1243 GMT – The Japanese yen should strengthen as the Bank of Japan is likely to raise interest rates next month, ING’s Francesco Pesole says in a note. The BOJ held rates steady Friday but two ... Read More

The Fed has a lot of catching up to do, says new central banker Stephen Miran

Central bankers are underestimating how much pressure interest rates are putting on America’s labor market, said Federal Reserve Governor Stephen Miran, a staunch ally of President Donald Trump, on ... Read More

BoJ holds interest rates but to sell funds in shift from easing policy

The Bank of Japan kept interest rates on hold Friday amid lingering political uncertainty and economic concerns but said it would start offloading funds bought as part of its earlier monetary easing ... Read More

If the Fed makes Miran's proposed rate cuts, how will the economy react?

Stephen Miran, President Trump’s latest appointee to the Federal Reserve Board Governors, wants the federal funds rate to be a full 2 percentage points lower than its current level. As the dust ... Read More