US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
The PCE report is due at 8:30 a.m. ET Friday. The ECB reduced its key interest rate to 2.75% from 3% Thursday, widening a gap in benchmark borrowing costs with the Federal Reserve. It was the fifth ...
Money markets priced in an ECB deposit facility rate at 1.95% at the end of 2025 -- which implies three 25 bps cuts and a 20% chance of a fourth move by year-end -- from around 2.05% before data. The ...
Gold is on track for its best monthly performance since March last year as sentiment remains strong and participants consider ...
The US Federal Reserve voted unanimously earlier this week to keep the US Federal Funds Rate in a range of 4.25% to 4.5%.
Diverging signals about monetary policy from the European Central Bank and Federal Reserve this week have set the euro on a ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
The ECB cut interest rates and policymakers guided for a further reduction in March as concerns over lacklustre economic growth supersede worries about persistent inflation ...
For any repeat of the dramatic 1985 "Plaza Accord" between the U.S. and its main allies to weaken a then-stratospheric dollar ...
On Jan. 30, the European Central Bank (ECB) decided to cut its three key interest rates by 25 basis points. This brings the deposit facility rate to 2.75%, ...
ECB's Lagarde rejects Bitcoin as reserve asset amid US states' adoption push, emphasizing traditional security and liquidity requirements.