Bank of England holds rates steady
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The Japanese yen tumbled against the U.S. dollar on Thursday after the Bank of Japan adopted a less hawkish tone than traders expected, while the greenback was boosted after Federal Reserve Chair Jerome Powell on Wednesday said a rate cut in December was not guaranteed.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.
Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?
The Federal Reserve held interest rates steady Wednesday following several months of higher-than-expected inflation, with investors now not expecting a rate cut until months from now. After a two-day meeting of its Federal Open Market Committee in ...
Kansas City Federal Reserve president Jeff Schmid said Friday he preferred to hold interest rates steady at this week’s policy meeting because he’s more concerned inflation is “too high.”
The Federal Reserve cut interest rates by 25-basis-points in October, though two policymakers dissented from the move, with one saying that he remains concerned about inflation.
The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction at its next meeting fell after Jerome Powell, the central bank’s chair, said that officials held “strongly differing views.
The Dow Jones Industrial Average (DJIA) held in place on Thursday, churning chart paper near record highs as investors reconsidered their stance following the Federal Reserve’s (Fed) latest appearance.
Will the recent trend of mortgage rate drops continue after this week's Fed meeting? Here's what to consider now.
A Fed rate cut made headlines last week, but mortgage rates don’t always move in sync. Learn what’s driving them—and what it means for buyers and homeowners.
The Bank of England has held interest rates at 4% in a "knife edge' decision, ahead of the autumn budget later this month.