Data from ADP on private payroll growth and the first look at second quarter GDP growth out Wednesday morning both topped forecasts, a sign of continued…
The pound has dropped to a three-week low after the governor of the Bank of England said it could make bigger cuts to interest rates if…
RBA governor Michele Bullock has revealed the bank will hold interest rates steady at 3.85 per cent. (Source: Getty) The Reserve Bank of Australia (RBA) has…
U.S. President Donald Trump sent letters to governments around the world on Monday informing them of the tariff rates he would impose starting Aug. 1 —…
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as…
The Bank of Canada held interest rates at 2.75 per cent on Wednesday, pointing to a mixed bag of unexpectedly strong data and the uncertainty of…
Eyes are on what the Fed flags about the economy and rates amid tariffs and Trump pressure. Read More: Stock market today: Dow, S&P 500, Nasdaq…
Illustration by Lanette Behiry/Adobe StockAfter trending down last week, the 30-year fixed-rate mortgage had its largest 24-hour increase of the year when it jumped closer to 7% on…
U.S. President Donald Trump speaks during an event announcing new tariffs in the Rose Garden at the White House in Washington, April 2, 2025.Chip Somodevilla |…
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later…