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Wall Street stocks up, dollar drops on rate-cut optimism
NEW YORK, July 13 ― Wall Street stocks closed higher and the dollar fell yesterday as investors prepared for a US interest-rate cut, while oil futures were little…
Jul 13, 2019 03:18 UTC Read More

Big banks cut savings rates after interest rate drop
NAB and ANZ have both cut their savings rates again in the wake of the Reserve Bank of Australia's decision to reduce the interest rate to one per cent.
Jul 12, 2019 23:45 UTC Read More

Stocks Close Out Week With More Gains
Stocks climbed to records and oil prices surged this week, as investors bet the Federal Reserve will be able to forestall a downturn. Major indexes are up more…
Jul 12, 2019 20:38 UTC Read More

Inflation within range, another interest rate cut by RBI in sight
NEW DELHI: India's retail inflation marginally accelerated to an eight-month high in June, but remained within the central bank's comfort level, while factory…
Jul 12, 2019 18:33 UTC Read More

Stocks jump as optimism over rate cut extends risk rally
U.S. stocks extended gains Friday as risk assets continued to get a boost from Federal Reserve officials' more dovish communications. The S&P 500 (^GSPC)…
Jul 12, 2019 16:26 UTC Read More

ICYMI: MacIver Budget Analysis, $15 Minimum Wage Report, and Possible Interest Rate Cut Coming Soon
It has been a busy past week for the state of Wisconsin. Gov. Tony Evers partially vetoed the GOP budget proposal last week, and with both sides of the aisle…
Jul 12, 2019 15:24 UTC Read More

Wall Street hits new highs on rate-cut optimism
NEW YORK (Reuters) - U.S. stocks hit record highs on Friday as high expectations for an interest-rate cut from the Federal Reserve continued to propel shares…
Jul 12, 2019 11:58 UTC Read More

FOREX-Rate cut bets keeps dollar on track for biggest weekly drop in three weeks
The dollar fell for a third consecutive day on Friday as stronger-than-expected U.S. inflation data failed to shake convictions that the Federal Reserve will start…
Jul 12, 2019 11:06 UTC Read More

BoC interest rate cut likely on its way
While it didn't happen this week, the likelihood that the Bank of Canada slashes interest rates is growing, according to observers.
Jul 12, 2019 11:02 UTC Read More

FOREX-Rate cut bets keeps dollar on track for biggest weekly drop in three weeks
Graphic: World FX rates in 2019 LONDON, July 12- The dollar fell for a thirdconsecutive day on Friday as.
Jul 12, 2019 11:02 UTC Read More

Rand strengthens after talk of US interest rate cut
The rand strengthened yesterday after the chairman of the Federal Reserve set the stage for a US interest rate cut later this month.
Jul 12, 2019 06:29 UTC Read More

S.Korea stocks rise on solid hopes of interest rate cut by U.S. Fed
Round-up of South Korean financial markets: ** South Korean shares advanced on Friday as hopes of an interest rate cut by the U.S. central bank remained firm,…
Jul 12, 2019 02:47 UTC Read More

China press: "cannot rule out the possibility that China may cut its benchmark interest rate"
This from the Global Times, a commentary piece on US Federal Reserve Chairman Jerome Powell's testimony: - signalled that the Fed would likely cut interest…
Jul 12, 2019 02:42 UTC Read More

Big banks cut savings rates after interest rate drop
NAB and ANZ have both cut their savings rates again in the wake of the Reserve Bank of Australia's decision to reduce the interest rate to one per cent.
Jul 12, 2019 02:27 UTC Read More

Savers 'staring down the barrel at zero interest rates' as big banks cut
Two of the nation's biggest banks have slashed key deposit rates to virtually zero, leaving millions of Australians who depend on the interest from their savings…
Jul 12, 2019 01:49 UTC Read More

Powell sends further signals of future rate cuts
WASHINGTON - Federal Reserve Chairman Jerome Powell, testifying for a second day before Congress, said Thursday that the economy is in a "very good…
Jul 11, 2019 21:44 UTC Read More

Canadian Dollar Risks Taunting the BoC into an Interest Rate Cut
CAD to strengthen further says MUFG, but gains unsustainable. - BoC seen joining counterparts by cutting interest rate by year-end. - Currency strength could…
Jul 11, 2019 18:14 UTC Read More

Markets rebound as US Fed signals interest rate cut; Sensex rises 266 pts
The benchmark indices rebounded from their lowest close in nearly two months, tracking their regional peers. This followed comments by US Federal Reserve…
Jul 11, 2019 17:07 UTC Read More

Dow Jones Industrial Average Gains as Inflation Won’t Stop Interest Rate Cut
The Dow Jones Industrial Average looks set for a higher open even after consumer prices rose more than expected in June.
Jul 11, 2019 13:11 UTC Read More

Why you should act now to lock in an interest rate for your cash
Bad news: Banks are cutting yields on savings accounts and CDs.
Jul 11, 2019 12:56 UTC Read More

Wall Streets buoyant as US Fed signals interest rate cut
US shares rallied on Wednesday as the Federal Reserve chairman Jerome Powell signalled a move towards cutting interest rates, in a “weak(er) dollar” policy…
Jul 11, 2019 11:07 UTC Read More

Some interest rates declined as Fed raised rates
A month ago, a reduction in rates was considered inevitable. That was until July 5 when the Labor Department announced strong June employment figures.
Jul 11, 2019 10:00 UTC Read More

​Fed chair cements case for cut in interest rates
Fed Chairman Jay Powell has cemented the case for the U.S. central bank to cut interest rates based on mounting risks to the nation's economic outlook,…
Jul 10, 2019 20:09 UTC Read More

Markets Right Now: Stocks rise on prospects for a rate cut
Stocks rose and bond yields fell as investors welcomed new signals that the Federal Reserve is ready to cut interest rates for the first time in a decade.
Jul 10, 2019 20:07 UTC Read More

Dow Jones Industrial Average Rises on Federal Reserve Chair Jerome Powell Testimony
Dovish gains. U.S. stocks rose after Federal Reserve Chairman Jerome Powell upped investors' expectations for a interest-rate cut later this month, saying in…
Jul 10, 2019 17:01 UTC Read More

Afternoon Coffee: Stocks rally as Fed chair hints at interest rate cut; McDonald's supply chain lauded; Fluxym grows
Stocks rallied as Federal Reserve Chairman Jerome Powell testified to Congress on Wednesday about challenges that the U.S. economy faces, increasing the…
Jul 10, 2019 17:00 UTC Read More

Stock rise at open Wednesday after Fed's Powell signals likely interest rate cut in testimony to Congress
U.S. stocks rose on opening Wednesday after Federal Reserve chair Jerome Powell's planned testimony to Congress at 10.00 am Eastern indicated a likely...
Jul 10, 2019 13:32 UTC Read More

Consumers most pessimistic in two years, despite tax and interest rate cuts
If the Reserve Bank had hoped lower interest rates would fire up consumers' animal spirits it would be sorely disappointed. Its back-to-back cuts appear to have…
Jul 10, 2019 01:13 UTC Read More

Fed's Harker sees 'no immediate need' for U.S. interest rate cut: Wall Street Journal
Federal Reserve Bank of Philadelphia President Patrick Harker said he does not currently see an "immediate need" to change interest rates, according to the…
Jul 09, 2019 14:42 UTC Read More

Upcoming Fed Interest Rate Cuts — How They Benefit YOU
The Fed's potential interest rate cuts have many investors anticipating the huge benefits these cuts will have on the U.S. economy.
Jul 08, 2019 16:50 UTC Read More

Cheaper Cucumbers Mean Russia May Cut Interest Rates This Month
A drop in prices for cabbages and cucumbers in Russia helped brake inflation in June, paving the way for the central bank to deliver a second consecutive…
Jul 08, 2019 12:17 UTC Read More

PRECIOUS-Gold gains as Fed rate cut bets hold, growth concerns linger
Gold firmed above $1400 an ounce on Monday, helped by expectations the U.S. Federal Reserve would stay on course with an interest rate cut this month…
Jul 08, 2019 11:15 UTC Read More

US stocks are set to slide after a stellar jobs report slashed hopes for an interest rate cut this month
Stocks slumped on Monday after a stellar US jobs report weighed on traders' hopes of a cut to interest rates this month. The US economy added 224000 jobs...
Jul 08, 2019 10:10 UTC Read More

China shares tumble amid dampened expectations for Fed to slash interest rates
Stocks in Asia were lower on Monday after a strong jobs report last Friday stateside moderated expectations that the U.S. Federal Reserve could soon be…
Jul 07, 2019 23:36 UTC Read More

Australian property auction clearance rates firm in wake of interest rate cuts: data
Australia's housing market has shown early signs of improved buyer confidence at property auctions, according to data from a major analysis firm, days after the…
Jul 07, 2019 09:44 UTC Read More

Dow Jones Industrial Average Falls as Jobs Data Puts Interest Rate Cut in Doubt
Jobs, Jobs, Jobs. U.S. stocks dropped Friday after the Fourth of July holiday, as the latest payrolls report was fairly positive, and consequentially reduced the…
Jul 05, 2019 21:20 UTC Read More

U.S. stocks close lower amid fears strong jobs data will work against interest rate cuts
U.S. markets came off all-time highs on Friday as investors interpreted strong employment data as an argument against their much hoped-for interest rate cuts.
Jul 05, 2019 20:28 UTC Read More

Stocks end slightly lower after strong jobs report puts Fed rate cuts in question
U.S. stocks post small losses Friday following a strong jobs report, after the three main benchmarks all ended a holiday-shortened session on Wednesday at...
Jul 05, 2019 20:21 UTC Read More

U.S. job growth surges, July rate cut expectations intact
U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was…
Jul 05, 2019 04:02 UTC Read More

01:00 Interest rate cut not a certainty
Although markets are betting heavily on the Fed announcing an interest rate cut at its next meeting, economic data isn't indicating a need for one.
Jul 03, 2019 06:59 UTC Read More

What the interest rate cuts mean for you
If you thought there was competition among the big four banks, think again. They've all come up with pretty similar results after two RBA cuts.
Jul 02, 2019 07:00 UTC Read More

Goldman Sachs' Marcus is lowering interest rates on its savings account for the first time as Wall Street prepares for a potential Fed rate cut
Goldman Sachs' Marcus follows in the footsteps of fellow high-yield savings account Ally, which also cut its rates in late June.
Jul 01, 2019 06:59 UTC Read More

Emerging Markets Join the Race to Cut Interest Rates
Some of the big emerging markets like Brazil, India, Russia, and Mexico have already cut—or are expected to cut.Investors there inclined toward the simple logic…
Jun 28, 2019 06:59 UTC Read More

Goldman Sachs, Ally Financial Beat the Fed to a Rate Cut
Goldman is cutting the rate on its Marcus high-yield savings account to 2.15% from 2.25%, following Ally's decision to lower its online-savings rate to 2.1% from…
Jun 28, 2019 06:59 UTC Read More

Add a Million Venezuelans and Your Economy Looks Very Different
Markets were shocked when Chile cut interest rates this month, but the central bank had a simple explanation: The economy suddenly had a lot more people in…
Jun 27, 2019 06:59 UTC Read More



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