interest rates News

Fed Rate Cut Hints Fuel Asian Market Rebound After Wall Street Gains

Asia-Pacific markets show mixed performance after US gains, with Fed rate cut hints and economic data driving movements. Key indices in China decline while Japan and Australia adva...

Fed's Goolsbee Expresses Concerns Over Latest CPI and PPI Inflation Data

Federal Reserve Bank of Chicago President Austan Goolsbee expresses concerns over recent CPI and PPI inflation data, highlighting services inflation as a worry. He discusses the Fe...

Surge in US Mortgage Applications: A 10.9% Weekly Increase Sparks Market Optimism

The US saw a 10.9% weekly increase in mortgage applications, with significant rises in refinance and adjustable-rate mortgages, as interest rates slightly declined, signaling a res...

SBI Predicts RBI to Hold Rates in October Amid Rising Inflation Concerns

The RBI is expected to hold interest rates in October due to projected inflation rise above 2%, with challenges for December adjustments. Retail inflation hit a 98-month low in Jul...

Fed's Barkin Signals Caution: Major Rate Cuts Unlikely Amid Strong Labor Market

Federal Reserve's Thomas Barkin indicates major interest rate cuts are unlikely due to strong labor market indicators. He discusses the interplay between consumer spending, unemplo...

UK Gilt Yields Surge as Unemployment Holds Steady, Eyes on Inflation Data

UK gilt yields rose as unemployment stayed at 4.7%, with investors now focused on upcoming inflation data to predict the Bank of England's next move on interest rates.

Wall Street Futures Dip as Markets Await Key Inflation Data Amid Fed-Trump Tensions

Wall Street futures are mostly down as markets await the July inflation report, expected to show a slight increase from June's 2.7%. This could heighten tensions between the Federa...

BoE's Chief Economist Huw Pill Cautions on Rising Inflation Risks Despite Current Progress

BoE's Chief Economist Huw Pill warns of the risk of inflation becoming more persistent despite current disinflation progress, highlighting challenges in aligning interest rate cuts...

European Markets Hesitate as Investors Eye Trump-Putin Meeting and Ukraine Ceasefire Decision

European markets traded flat to lower as investors await clarity on a potential Trump-Putin meeting and Russia's decision on a Ukraine ceasefire. The Bank of England cut interest r...

BoE Governor Urges Caution: Why Cutting Rates Too Fast Could Harm the UK Economy

Bank of England Governor Andrew Bailey warns against rapid rate cuts despite easing inflation, as the MPC narrowly votes to reduce interest rates by 25 basis points to 4%.

Uncertainty Looms Over Bank of England's Interest Rate Policy Path, Says Governor Bailey

Bank of England Governor Andrew Bailey discusses the uncertain path of monetary policy, emphasizing a downward trend in interest rates despite unclear neutral rates and timelines. ...

Surge in US Mortgage Applications: A 3.1% Weekly Increase Signals Market Shift

US mortgage applications rose by 3.1% in the week ending August 1, with a slight decrease in interest rates for 30-year fixed-rate mortgages. The Purchase and Refinance Indexes als...

Asia-Pacific Markets Show Mixed Reactions Ahead of US Tariff Implementation and Services Data Release

Asia-Pacific stocks showed mixed reactions as investors weighed the impact of upcoming US tariffs and sluggish US services data. Markets in China, Hong Kong, Australia, South Korea...

President Trump to Announce Federal Reserve Chair Nominee by End of Week, Narrowing Down to Four Candidates

President Donald Trump is set to announce his pick for the Federal Reserve chair by the week's end, choosing from four final candidates. The decision comes amidst criticisms of cur...

Federal Reserve Governor Adriana Kugler Announces Resignation, Effective August 8, 2025

Adriana Kugler resigns as Federal Reserve governor effective August 8, 2025, leaving a key vacancy during President Trump's push for lower interest rates. She returns to Georgetown...

Jamie Dimon Urges Caution on Federal Reserve's Interest Rate Decisions Amid Market Uncertainties

JPMorgan Chase CEO Jamie Dimon advises caution on the Federal Reserve's interest rate decisions, warning of underestimated inflation risks and overestimated rate cut probabilities,...

Fed Maintains Interest Rates Amid Economic Uncertainty, Sparks Debate Among FOMC Members

The U.S. Federal Reserve has opted to keep interest rates unchanged at 4.25 to 4.50 percent, citing economic uncertainty and inflation concerns. The decision reveals divisions with...

Federal Reserve's Steady Rates Spark Mixed Reactions in US Treasury Yields

US Treasury yields reacted mixedly to the Federal Reserve's decision to keep rates steady, with long-term yields falling and short-term yields rising. Investors weigh robust GDP gr...

Gold Prices Surge 1% as Fed Holds Rates Steady, Fueling Safe-Haven Demand Amid Uncertainty

Gold prices rose 1% as the Federal Reserve kept interest rates unchanged, dampening hopes for a rate cut and pushing investors towards safe-haven assets amid economic and geopoliti...

Bank of Japan Holds Steady: Interest Rates Remain Unchanged at 0.50% Amid Market Expectations

The Bank of Japan has maintained its short-term interest rate target at 0.40% to 0.50%, in line with market expectations. This decision, the fourth in a row without change, follows...

Federal Reserve Holds Steady: Interest Rates Remain Unchanged Amid Economic Uncertainty

The Federal Reserve has decided to keep interest rates unchanged between 4.25% and 4.5% for the fifth time in a row, amid mixed economic signals including moderated growth and soli...

Powell Stands Firm: Fed's Rate Decisions Unswayed by US Debt Cost Concerns

Federal Reserve Chair Jerome Powell dismisses concerns over interest rates impacting US debt costs, affirming the Fed's focus on employment and price stability, independent of poli...

Powell Uncertain on Future Fed Rate Decisions Amid Mixed Economic Signals

Federal Reserve Chair Jerome Powell discusses the uncertainty surrounding future interest rate decisions, emphasizing the Fed's reliance on government data and commitment to its in...

Federal Reserve Holds Steady: Treasury Yields Surge Amid Political Pressure

Following the Federal Reserve's decision to keep interest rates steady at 4.25%–4.5%, Treasury yields saw a significant increase. The 30-year, 10-year, and two-year notes all exper...

Stocks Dip as Fed's Powell Dampens September Rate Cut Expectations

U.S. stocks mostly closed lower after Fed Chair Jerome Powell hinted at no September rate cuts, with tech earnings and currency movements also in focus.

Federal Reserve's Stance on Interest Rates Sparks Market Downturn: Dow Plummets 360 Points

Federal Reserve Chair Jerome Powell's comments on no imminent interest rate cuts led to a market downturn, with the Dow dropping 360 points. Powell also discussed the impact of tar...

Hassett Predicts Fed Rate Cuts Amid Data Dependency and Global Trade Optimism

Kevin Hassett discusses the Federal Reserve's potential rate cuts based on data trends and expresses optimism about US trade negotiations with India, Canada, and China.

Bessent Predicts No Fed Rate Cut Today, Calls for More Creative Economic Strategies

US Treasury Secretary Bessent anticipates no rate cut by the Federal Reserve today, suggesting the Fed needs more creativity in its economic strategies. He and President Trump prai...

Gold Prices Take a Hit: Drops Over 1% as Investors Await Federal Reserve's Interest Rate Decision

Gold prices dropped over 1% as investors await the Federal Reserve's interest rate decision, with other precious metals also seeing declines. The market's reaction highlights the u...

Fed Holds Steady: Interest Rates Unchanged Amid Trade War and Inflation Concerns

The Federal Reserve is anticipated to keep interest rates unchanged, amidst global trade uncertainties and inflation concerns. President Trump's calls for rate cuts contrast with r...

Wall Street Ends Mixed Amid Trade Deal Optimism and Fed Rate Decision Anticipation

Wall Street closed mixed as traders reacted to a new US-EU trade deal and awaited the Fed's rate decision. The Dow Jones dipped slightly, while the Nasdaq 100 gained. The euro fell...

Federal Reserve's Secrecy Upheld: Court Denies Public Access to Critical Rate-Setting Meeting

A US court rejected a lawsuit seeking to make the Federal Reserve's rate-setting meeting public, highlighting tensions between the Trump administration and Fed Chairman Jerome Powe...