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3 mins read

Stock market today: Indexes edge up ahead of major Fed interest rate decision

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the firs…

Jennifer Sor   


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3 mins read

It'll be a while before you feel today's interest-rate cuts

The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected …

Ayelet Sheffey,Madison Hoff   


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1 min read

The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says

The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumb…

Filip De Mott   


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2 mins read

Interest rates remain steady once again — but it's likely the Fed will cut rates in September

The Federal Reserve held interest rates steady in its July meeting as pressure mounts on the centra…

Ayelet Sheffey   


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1 min read

Why Fed rate cuts could mean corporate earnings will disappoint

Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…

Kelly Cloonan   


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2 mins read

The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says

The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …

Jennifer Sor   


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2 mins read

Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts

The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…

ANI   


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2 mins read

Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year

Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…

ANI   


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2 mins read

Stock market today: Indexes close at record highs and tech soars after Fed rate cut

Indexes rallied Thursday, with tech stocks leading the Nasdaq to rise 2.5% as investors continued t…

Kelly Cloonan   


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2 mins read

FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience

With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…

PTI   


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2 mins read

The more markets price in a jumbo rate cut, the more likely the Fed is to deliver, analyst says

If the market prices in upwards of an 80% chance of a 50 basis point cut, the Fed will likely follo…

Kelly Cloonan   


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2 mins read

Unemployment unexpectedly rose in July as pressure ramps up for the Fed to cut interest rates

July's job growth was 114,000, less than the expected 176,000. The unemployment rate also increased…

Madison Hoff   


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2 mins read

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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1 min read

The Fed is 'getting closer' to cutting interest rates, top official says

Several official from the Fed seem confident that, with more data on steadily decreasing inflation,…

Kelly Cloonan   


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2 mins read

Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in w…

Kelly Cloonan   


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2 mins read

The US economy is strong enough that Fed rate cuts aren't even warranted, JPMorgan strategist says

Most traders expect the Fed to make a big initial rate cut, but one strategist says it's not necess…

Kelly Cloonan   


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2 mins read

The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…

Kelly Cloonan   


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2 mins read

Jamie Dimon thinks the Fed should wait longer to cut interest rates

"It would be good if the Fed waited now. I think there are a lot of reasons why inflation could ris…

Filip De Mott   


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2 mins read

The Fed will go bigger with rate cuts than markets think, Citi economist says

The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Ci…

Kelly Cloonan