The Latest Breaking News from Interest Rates

American homeowners saw their equity dip by an average of $9,200 over the past year as rising interest rates cooled the housing market, but experts say the decline is more of a reset than a collapse.

September S&P 500 E-Mini futures (ESU25) are up +0.84%, and September Nasdaq 100 E-Mini futures (NQU25) are up +1.10% this morning, pointing to a sharply higher open on Wall Street after the Federal Reserve cut interest rates for the first time since December and signaled more reductions could follow soon.

Leading economists are reacting to the Federal Reserve’s decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank’s independence, and others warning of difficult times ahead.

The dollar index (DXY00 ) on Wednesday rose by +0.22%. The dollar whipsawed higher on Wednesday after recovering from a 3.5-year low. The dollar initially retreated on Wednesday after the FOMC cut interest rates by -25 bp and signaled another -50 bp of rate cuts by year's end. However, the...

Central bank moves to set rates at range between 4 and 4.25% but decision unlikely to satisfy Donald Trump

The central bank’s widely-expected 0.25% cut comes amid a cooling labour market, which has stalled economic growth.

The rate cut comes as Trump stages an unprecedented assault on independence of the Federal Reserve

Retirees often look to bonds for steady, reliable returns. But with interest rates fluctuating and inflation eating into yields, even safe bonds don’t always keep...

Rates now stand at a range of 4% to 4.25% as reduction comes amid concern of political pressure on independent central bank from Trump