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3 mins read

The Fed's interest-rate cut put Trump even more at odds with the central bank

Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…

Ayelet Sheffey,Brent D. Griff…   


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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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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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2 mins read

The Fed gives the US its first jumbo interest-rate cut in 4 years

The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…

Ayelet Sheffey   


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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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1 min read

Stock market today: US indexes gain after soft inflation report supports more rate cuts

"The Fed feels as though it has won the battle on inflation and its primary focus is making sure th…

Matthew Fox   


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1 min read

The inflation report dashes hopes of a jumbo rate cut next week

Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…

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

Even with a big rate cut, Big Tech will be cautious about another hiring spree

Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wound…

Geoff Weiss   


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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

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

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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1 min read

Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic

Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, ac…

Kelly Cloonan   


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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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1 min read

Post-rate cut bubble risks mean investors should buy bonds and gold, Bank of America says

With new easing cycle from the Fed kicking off, tech "bubble risks" are back, Bank of America strat…

Kelly Cloonan   


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3 mins read

Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead

In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…

ANI   


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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