The Latest Breaking News from Interest Rates

The dollar index (DXY00 ) Wednesday rose by +0.10%. The dollar posted moderate gains Wednesday after the Fed kept interest rates unchanged and removed the reference in the post-FOMC meeting statement to inflation making progress, suggesting the Fed may remain on pause for longer. The dollar also found support in...

The Fed delivered on investor expectations and paused rate cuts for the first time in three meetings.

After three interest rate cuts in a row, the US Federal Reserve is expected to take a breather on Wednesday and signal it will remain on pause until the data changes, despite pressure to cut from President Donald Trump.

Failure to do so would be wrong, and highly political, given the latest inflation figures

After Wednesday’s encouraging inflation numbers, the Albanese government – and the financial markets – would be shocked if the Reserve Bank doesn’t cut interest rates in February.

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Wall Street is banking on two interest rate cuts in 2025.

Markets and economists widely tip a February interest rate cut after underlying inflation came in below expectations for the December quarter.

CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs