News

Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month

Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a ...

Dow soars more than 900 points after Fed hints at interest rate cuts

The hope among investors had been that Powell would hint that the Fed's first cut to interest rates of the year may be ...

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show

Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the ...

Fed officials point to August data as critical for looming interest-rate decision

So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...

Gilt Yields Fall After Fed Chair’s Jackson Hole Speech

Yields on U.K. government bonds fell, tracking their U.S. equivalents, after U.S. Federal Reserve Chair Jerome Powell signalled possible interest-rate cuts in September during a speech at the Jackson ...