Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.

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Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...

Economists at the European Central Bank said the neutral rate of interest, a concept that may help determine where cuts in ...

The Federal Reserve left interest rates unchanged Wednesday amid uncertainty over when borrowing costs for loans, credit ...

A significant depreciation in the rupee could defer rate cuts by the Reserve Bank of India (RBI), as it fuels inflation by making imports more expensive. This will create additional obstacles for ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is hit the pause button on additional rate cuts at its Jan. 29 meeting.

According to market experts, the gold price today has risen due to soft US core inflation data that has triggered buzz about a US Fed rate cut in the upcoming US Fed meeting at the end of this month.

Further, the crucial US Non-Farm Payrolls data reported stronger-than-expected job additions in December, bolstering the case for a prolonged pause in rate cuts by the Fed,” Sugandha added.

However, if consumer inflation rates ease in Q2 2025, it could pave the pathway to a Fed rate cut in May or June 2025. Federal Reserve Board Chairman Jerome Powell. Photo by Alex Wong/Getty Images.

The calendar has turned to a new year, bringing with it a tricky environment for mortgage borrowers to navigate. Closing out the year on a positive note, mortgage rates fell by a full percentage ...

The euphoria over the possibility of another local policy rate cut has yet to fade and continued to drive down yields on short-term local debt notes, allowing the government to borrow more than ...