News

The jobs report has dashed hopes of a rate cut this summer
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Exclusive: Russia's VTB to gain billions of roubles if interest rates come down, CFO says
Every 1% cut in central bank interest rates gives Russia's VTB Bank an extra 20 billion roubles ($250 million) in net profit, ...
Where Interest Rates Are Headed In The Second Half Of 2025
Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...
Australian Household Spending Jumps Suddenly on Rate-Cuts Boost
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...
Poland's July Rate Cut Not the Start of a Cycle, Central Bank Chief Says
"Further decisions will depend on incoming information, we are not announcing a path of rate cuts, this is not the beginning ...