Reserve Bank to hold the line despite US Fed cut The Reserve Bank is unlikely to give interest rate relief to borrowers at the September meeting as Australia's inflation rate still has fight left in it. AAP · Sep 22, 2024
UK savers urged to find better deals after several banks cut interest rates Bank of England may have kept rates steady this week but TSB, NS&I and others have all announced cuts The Guardian - UK · Sep 21, 2024
Coinbase shares jump almost 7% as investors bet on crypto after Fed cuts rates Coinbase, a cryptocurrency exchange, sees gains as investors adapt to lower interest rates. Fortune · Sep 20, 2024
Dollar Gains on Yen Weakness and Higher T-Note Yields The dollar index (DXY00 ) Friday rose by +0.11%. The dollar on Friday posted moderate gains in weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the stock weakness on Friday boosted some liquidity demand for the dollar. In addition, higher T-note yields Friday have strengthened... Barchart · Sep 20, 2024
Will the Fed Push Bond Prices Higher? The United States is the world’s wealthiest country, and the U.S. dollar has been the reserve currency or foreign exchange instrument of choice for over a century. Countries and investors worldwide have held U.S. sovereign debt because of the full faith and credit of the U.S. government’s economic and political… Barchart · Sep 20, 2024
Dollar Strengthens on a Weak Yen and Higher Bond Yields The dollar index (DXY00 ) today is up by +0.27%. The dollar today is moderately higher on weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the weakness in stocks today has boosted some liquidity demand for the dollar. In addition, higher T-note yields today have... Barchart · Sep 20, 2024
Trump Pitches Plan Similar To One Liberal Bernie Sanders Proposed The former president suggested placing a temporary 10% cap on credit card interest rates at a rally this week. International Business Times · Sep 20, 2024
Stock Index Futures Inch Lower as Euphoria Over Fed Rate Cut Ebbs, FedEx Results Disappoint September S&P 500 E-Mini futures (ESU24) are down -0.17%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.35% this morning as disappointing earnings results from global economic bellwether FedEx dampened optimism surrounding the outlook for interest rates, while investors geared up for the so-called triple-witching event later in the… Barchart · Sep 20, 2024
Asian stocks follow Wall Street's rate-cut rally higher, as BOJ stands pat Asian stocks have surged, with Japan’s Nikkei 225 index leading gains after Wall Street romped to records following the Federal Reserve’s big cut to interest rates The Independent UK · Sep 20, 2024
Bank Of Japan Leaves Key Interest Rate Unchanged The Bank of Japan left interest rates unchanged on Friday, after a decision to hike them in July pushed the yen sharply higher and fuelled turmoil across world markets. International Business Times · Sep 20, 2024
Japan Inflation Firms To 2.8% Ahead Of BoJ Rate Decision Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged. International Business Times · Sep 20, 2024
Interest Rate Cut Could Lift Consumer Spirits Before US Elections The US Federal Reserve's decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November's presidential election. International Business Times · Sep 19, 2024
EV Shoppers May Feel Some Relief After Fed Cuts Interest Rates High borrowing costs have been a horror story for the broader car market. As the Fed cuts interest rates, EVs now potentially stand to benefit the most. InsideEVs · Sep 19, 2024
Impact of US rate cut in Australia remains to be seen Senior minister Bill Shorten says it's unclear how much of an impact the US Federal Reserve's interest rates cut will have on Australia's economy. AAP · Sep 19, 2024
The Independent UK · Sep 19, 2024 Watch: Biden delivers verdict on interest rates after Fed cut Watch as Joe Biden delivered remarks at the Economic Club of Washington in DC on Thursday, 19 September, after the Federal Reserve broke a four-year run and cut its benchmark interest rate by half a percentage point to 4.75-5.0 percent.
The Independent UK · Sep 19, 2024 Biden makes ‘declaration of progress’ on economy after Fed cuts interest rates Interest rates going down ‘will provide relief by making things more affordable’
International Business Times · Sep 19, 2024 US Fed Rate Cut Is 'Very Positive Sign' For Economy: Yellen The US central bank's decision to slash interest rates this week is a "very positive sign" for where the world's biggest economy stands, US Treasury Secretary Janet Yellen said Thursday.
The Guardian - US · Sep 19, 2024 Jimmy Kimmel on Trump: ‘I cannot believe he’s still trying to convince us he won the debate’ Late-night hosts discuss ex-president’s debate conspiracy theories, Melania Trump bringing up her nude modeling work and the Fed cutting interest rates
Evening Standard · Sep 19, 2024 OPINION - The one metric where the UK economy beats the US Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…
Barchart · Sep 19, 2024 After the Fed's Rate Cut, Is This Under-$10 Stock a Buy Now? The Fed's jumbo rate cut and a lower-interest rate environment could be a game-changer for many stocks, especially those that have struggled under high interest rates.
Reason · Sep 19, 2024 The Cutting Edge Plus: The Federal Reserve cut interest rates, Congress still isn't cutting spending, and more....
The Guardian - UK · Sep 19, 2024 Why is the Bank of England being cautious in delaying rate cuts? While the UK is far from overheating, the MPC still sees inflationary dynamics within the economy
The Guardian - UK · Sep 19, 2024 Interest rates ‘on path down’ despite hold at 5%, Bank of England chief says Bank voted on Thursday not to change borrowing costs – but Andrew Bailey says cuts likely to resume
Fortune · Sep 19, 2024 Jerome Powell's sunny economic outlook clashes with the Fed's bold interest rate cut Is it possible to decouple interest rates and hiring in the coming years?
Top News · Sep 19, 2024 Bank Of England Expected To Keep Interest Rates Unchanged Bank of England likely to maintain interest rates amid UK inflation concerns. US Federal Reserve cuts rates.