Central banks in the euro area and Switzerland cut rates on Thursday, a day after Canada slashed rates by a hefty 50 bps.
Wednesday’s reading on U.S. inflation sets the Federal Reserve up to cut interest rates next week, but the Fed may pause its rate-cutting cycle at its first policy meeting next year, according to ...
DAX Index gains 0.34% as US inflation data boosts Fed rate cut bets. Will ECB’s rate decision push it to new highs or below ...
Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch.