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Federal Reserve ‘poised to begin cutting rates as early as September’
Bank officials signal readiness to start interest rate-cutting cycle to ease pressure on households and businesses
Kamala Harris’s hopes of victory in the looming US presidential election have been given a boost by mounting expectations that the US Federal Reserve will cut interest rates from as early as September.
As Democrats gather for the party’s national convention in Chicago starting on Monday, economists on Wall Street said the world’s most powerful central bank was poised to begin a cycle of interest rate cuts before the end of the year.
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Tag: | Federal Reserve |
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The New York Times - Business
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.8 hours ago - Federal Reserve -
The Wall Street Journal - World
Yen Might Gain if BOJ Signals Rate Rises
The yen could rise further as the BOJ is likely to leave interest rates unchanged on Friday but should continue to signal future rate increases, MUFG Bank said.8 hours ago -
MarketWatch - Business
2-year Treasury yield at lowest since September 2022 as Fed rate cut looms
U.S. Treasurys rallied Monday morning, pushing the 2-year Treasury yield further into its lowest since September 2022, as market-implied odds shifted in favor of a 50-basis-point interest-rate cut ...5 hours ago - Federal Reserve -
The Wall Street Journal - World
It's Too Close to the Election for the Fed to Cut Rates
There’s a reason the central bank almost never makes changes in the final months of a campaign.23 hours ago - Federal Reserve -
Financial Times - Business
Jay Powell faces milestone moment for the US economy
Fed chair expected to begin lowering interest rates this week as inflation fears fade14 hours ago -
The Wall Street Journal - World
Fed Enters Tricky Terrain: Rate Cuts in a Decent Economy
Credit cards, mortgages and savings will be affected when the Federal Reserve makes its expected rate cut. The question this time is how, exactly.15 hours ago - Federal Reserve -
The Wall Street Journal - World
Gold Well Supported by Weaker U.S. Dollar, Fed Cut Expectations
Gold prices were broadly stable but still trading near record highs, supported by a weaker dollar and prospects of a long-awaited interest-rate cut by the Federal Reserve on Wednesday.10 hours ago - Federal Reserve -
The Wall Street Journal - World
Oil Markets Remain Cautious Ahead of Fed Decision
Despite production halts in the Gulf of Mexico and disruptions in Libyan supplies adding to supply-side risks, front-month WTI prices still remain below the key threshold of $70 per barrel, ...10 hours ago - Federal Reserve
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The Guardian - World
Sheriff’s office shares video of suspect arrest; FBI says suspect spent 12 hours in tree line of Trump golf club – live
Video posted to Facebook shows the arrest of the man suspected in the apparent assassination attempt of Donald Trump; FBI releases details on manhunt. Suspect charged as Trump accuses Biden and ...23 minutes ago - Donald Trump -
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Death toll reaches 16 as ‘dramatic’ flooding in central Europe continues
Czech Republic, Poland and Austria fear worst may yet be to come as thousands are evacuated to higher ground. The death toll from torrential rain and flooding in central and eastern Europe has ...1 hour ago -
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At least 16 killed in Israeli airstrikes on Gaza, Palestinian officials say
Five women and four children said to be among dead with strike hitting residential building in crowded Nuseirat camp. Middle East crisis – latest news updates At least 16 people have been ...2 hours ago - Israel -
The Guardian - World
French rape trial to resume after Dominique Pélicot health issues
Trial of retired electrician, 71, and 50 other men had been adjourned while he was taken to hospitals for tests. The trial of Dominique Pélicot and 50 other men accused of rape will resume on ...46 minutes ago - France -
The Guardian - World
More than 200 inmates escape Nigerian prison in aftermath of flooding
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