Gold scales record peak on bets of another big Fed rate cut
Gold held steady after hitting an all-time high on Wednesday on hopes of another large U.S. rate cut as the spotlight shifted ...
Following Fed Rate Cut, Attention Turns to Fresh Data as Polls Shows Economy Boosting Kamala Harris
The Fed’s larger-than-expected half-point cut sent markets soaring and should send consumer borrowing rates down, providing a ...
Lone Fed dissenter worried bigger rate cut would send signal of 'economic fragility'
Fed governor Michelle Bowman elaborated in a speech Tuesday about her dissent from last week's jumbo rate cut, saying that ...
Crypto Surge On Fed Cut, Trump’s DeFi Details
This is a published version of our weekly Forbes Crypto Confidential newsletter. You can sign-up to get Crypto Confidential ...
Fed's Rate Cut Offers Limited Relief for US Factories Facing China Competition
"What the Fed can do is create expectations for short-term growth with a rate cut, which is powerful," said Cliff Waldman, ...
China's central bank chief set to hold press conference days after Fed rate cut
People's Bank of China Governor Pan Gongsheng is set to speak to reporters Tuesday alongside two other financial regulator ...
Fed's Bowman Sees Risks Weighted Toward Inflation Concerns
Federal Reserve governor Michelle Bowman said that she believes the risk of persistent inflation still outweighs potential weakness in the labor market, in remarks that sought to justify her ...
Fed Rate Cuts Will Put Money in Pockets, but a Mood Shift May Take Time
Recent surveys suggest that while the pace of price increases has declined dramatically, the public's mood is still marred by ...