Cut

23 out of 25 economists expect interest rates to be cut by 25 basis points next OctoberOf the remaining two banks, one expects a 50 basis point rate cut and the other expects no change.23 out of 25 economists expect the Reserve Bank of New…

U.S. Federal Reserve Chairman Jerome Powell speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on the semiannual monetary policy report to Congress at the U.S. Capitol on July 9, 2024 in Washington, D.C. Powell was…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

The People's Bank of China sets the medium-term lending facility rate on the 15th of each month. The rate is currently 2.3%, after the People's Bank of China made a surprise interest rate cut on the 25th of last month!There is a widespread…

By Kevin Buckland TOKYO (Reuters) - The dollar remained lower on Wednesday after falling against its major peers overnight as a strong U.S. producer price reading bolstered bets the Federal Reserve will cut interest rates this year. The…

The New Zealand Dollar fell sharply earlier today, and no, it's not because your trading platform suffered from a "Massive DDoS attack." A few hours ago, the Reserve Bank of New Zealand surprised the markets with Official interest rate…

Most Asian currencies rose on Wednesday, while the dollar fell after a weak reading on U.S. producer inflation raised hopes that a similar easing in consumer inflation would lead to deeper interest rate cuts. The New Zealand dollar was an…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Breadcrumbs Path LinksPMN BusinessForecasters expect a monthly report on U.S. consumer prices to show another modest increase last month, reinforcing widespread expectations of a Federal Reserve interest rate cut in September.Article…