News

Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
SA Sentiment: One Fed rate cut in view this year even as Trump pressures Powell
Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
U.S. dollar to stay under pressure from tariff, debt and rate cut expectations
The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of ...
3 Smart Moves to Make Before Interest Rates Fall Again
The Federal Reserve may cut interest rates later this year, which would mean lower rates on savings, loans, and more. Here ...
Australian Household Spending Jumps Suddenly on Rate-Cuts Boost
SYDNEY--Australian consumer demand showed signs of life in May as the impact of interest-rate cuts over recent months drove a jump in spending. Household spending rose 0.9% in May, the Australian ...
Exclusive-Russia's VTB to gain billions of roubles if interest rates come down, CFO says
By Elena Fabrichnaya ST PETERSBURG, Russia (Reuters) -Every 1% cut in central bank interest rates gives Russia's VTB Bank an ...
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Where Interest Rates Are Headed In The Second Half Of 2025
Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...
Philippine annual inflation quickens slightly, but no bar to more rate cuts
By Mikhail Flores and Karen Lema MANILA (Reuters) -Philippine annual inflation quickened slightly in June, driven by ...