News

Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data
The roller coaster ride began on Wednesday. After the Federal Open Market Committee (FOMC) held its key policy rate steady ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Powell's cautious tone scrambled the market's expectations for rate cuts in September
Investors trimmed their expectations that the Fed will cut rates in September after Powell struck a cautious tone in remarks ...
Another blow to September Fed rate cut hopes after stubborn PCE inflation data
The likelihood of a Federal Reserve interest rate cut at the upcoming September FOMC meeting has declined following the ...
Bank of Canada Stands Pat on Rates, Signals Cut Could Materialize if Conditions Warrant
The Bank of Canada left its main interest rate unchanged at 2.75%, while signaling another rate reduction might be necessary ...
Fed holds interest rates steady as two Trump appointees vote to cut them
Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.
Core PCE Inflation Runs a Touch Hot, Dimming Hopes for September Rate Cut
Core PCE tends to move more slowly than the consumer price index, or CPI, and covers a broader range of spending. If ...