US Fed makes first rate cut of 2025
The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face heightened pressure under president Donald Trump.
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US Fed鈥檚 preferred inflation gauge steady
The US Federal Reserve鈥檚 preferred inflation gauge held steady in July but a measure of underlying price increases ticked up, government data showed Friday, as president Donald Trump鈥檚 tariffs ripple through the economy.
Lisa Cook sues Trump over move to fire her
US Federal Reserve governor Lisa Cook filed a lawsuit Thursday to challenge Donald Trump鈥檚 move to fire her from her position 鈥� as the president widened his pressure on the central bank.
US Fed chair opens door to rate cut
US Federal Reserve chair Jerome Powell left the door open to interest rate cuts in a keenly watched speech Friday, balancing risks to the economy as president Donald Trump intensifies pressure on the central bank...
Global stocks higher on US Fed rate cuts bets
Global stock markets rose Tuesday as investors grew increasingly confident that the US Federal Reserve will cut interest rates next month...
US Fed governor to resign early at critical time for central bank
US Federal Reserve governor Adriana Kugler is resigning from her position, the central bank said Friday, opening a vacancy that President Donald Trump can fill as he presses his campaign to drop interest rates...
Trump, Fed chair bicker during central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting Thursday as the president toured the central bank after ramping up his attacks on its management of the economy.
US Fed expected to cut rates in last meeting of Biden era
The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank鈥檚 last meeting of Joe Biden鈥檚 presidency...
Rate cut could lift consumer spirits before US elections
The US Federal Reserve鈥檚 decision to cut interest rates by half a percentage point gives consumers a much-needed psychological boost ahead of November鈥檚 presidential election...
BoE holds rate steady after jumbo US cut
The Bank of England on Thursday kept its key interest rate at 5.0 per cent, deciding against consecutive cuts one day after a bumper reduction from the US Federal Reserve...
Global stocks diverge ahead of Powell speech
Stock markets were mixed Tuesday as investors treaded water ahead of a key speech by US Federal Reserve chief Jerome Powell that could provide more hints of an interest rate cut...
Global stocks advance, Tokyo tanks as yen rebounds
Global stock markets mostly advanced on Friday as traders increasingly expect聽the US Federal Reserve to cut interest rates.
Europe stocks advance after Wall Street records
Europe鈥檚 stock markets rose Wednesday following a record-breaking Wall Street performance after US Federal Reserve chief Jerome Powell hinted at interest-rate cuts later this year...
Global stocks diverge as US rate cut hopes diminish
Wall Street swung higher but European stocks fell on Friday as investors fret over data suggesting the US Federal Reserve could keep interest rates higher for longer...
London stocks hit new record peak on takeovers
London鈥檚 stock market fired its way to another record peak on Friday, with investors gripped by a series of eye-catching takeovers this week for listed UK companies...