Here's the real reason stocks rose after a do-nothing meeting, says this ex-New York Fed trader
The Fed's actions are tied to the debt ceiling, which has to get raised by August. As the debt ceiling approaches, the Treasury spends down the money it has in the Treasury general account, which ...
Bank of England holds interest rates at 4.5pc - what it means for you
The Bank of England has kept UK interest rates at 4.5%, as policymakers warned that uncertainty over global trade had ...
Not even the Fed knows what’s next
Progress on inflation has stalled. The Federal Reserve’s growth expectations for 2025 have faded and fewer central bank ...
Trump says the Fed should cut rates to ease the economy's transition to his tariffs
President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.
Central banks turn more cautious on rate cuts
Big developed market central banks are turning cautious after a series of interest rate cuts and as uncertainty in global ...
What Latest Fed Interest Rate Decision Means for Mortgages
While the Fed does not set mortgage rates, its decision has a direct impact on them. As of March 13, the latest data made ...
US weekly jobless claims rise marginally as labor market remains stable
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor ...
The world’s lowest interest rate no longer belongs to Japan
The world’s lowest interest rate is longer Japan but Switzerland after the Swiss National Bank cut rates by a quarter-point.
Bank of England interest rate decision confirmed – what it means for your money
THE Bank of England has decided to keep interest rates unchanged, delivering a blow to homeowners hoping for help with ...
Interest rates held at 4.5%: What it means for your mortgage and savings
The Bank of England has held interest rates at 4.5 per cent as it continues to tread carefully amid fears or resurgent ...
FTSE 100 LIVE: Stocks mixed as Bank of England expected to leave UK interest rates on hold
Threadneedle Street is expected to leave rates unchanged at noon today, with money markets indicating a 96% likelihood that ...
London gains ground on New York as the world's top financial hub
While New York has held the top spot in think-tank's Z/Yen's Global Financial Centres Index since London 2018, data suggests ...