Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
JP Morgan Chase CEO Jamie Dimon echoed Bowman’s fears, saying he wouldn’t “count my eggs” that the rate cuts will deliver the ...
The Fed decision’s lone dissenter worries the bigger rate cut sends a ‘premature victory’ message to markets
The only Federal Reserve official to dissent from the central bank’s aggressive half-point interest-rate cut earlier this ...
Crypto.com gains payment service license from Bahrain central bank
Singapore-based cryptocurrency exchange Crypto.com continues to grow its presence in the MENA region with the receipt of a ...
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The Fed's half-point interest rate cut surprised the markets
The Fed's giant-sized rate cut may have at least delayed the downside that usually accompanies this seasonal period in the ...
Stocks Slide as Volatile Session Continues
The Dow’s afternoon gains faded as a volatile session for the stock market rolled on. The blue-chip index was down 18 points, or less than 0.4%, after trading higher. The S&P 500 was down 0.4%. The ...
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a ...
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
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Et tu, Milei? Is Argentina Getting Closer to China Again?
When Mauricio Macri was elected president of Argentina in 2015 as leader of the center-right coalition Cambiemos, he adopted a confrontational stance on China, distancing himself from the approach of ...
Fed's rate cut sends stocks to record highs. Where are markets headed from here?
The S&P 500 and the Dow vaulted to record highs one day after the rate cut. Stocks rallied to record highs this week in the ...
Fed's Bowman says dissent on large rate cut based on above-target inflation data
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point ...
What lower rates mean for markets
With the Federal Reserve shifting gears and cutting interest rates by a half point, it’s time for investors, households and ...
Turkey Seen Likely to Start Discussing Rate Cuts in November
Turkey’s central bank will probably discuss interest-rate cuts at its November meeting, but there is no pre-determined path ...