The Federal Reserve has cut interest rates by 25 basis points at its October FOMC meeting on Wednesday. Wall Street will be listening for additional insights from Fed Chair Jerome Powell at his press ...

The idea of a “neutral” or “natural” rate of interest looms over discussions of US monetary policy. Whether it’s any help in setting the course of monetary policy is questionable. Yet there’s no doubt ...

There's been some surprisingly good news in the mortgage rate climate this year. But "could" doesn't mean definitely. And, if there's one thing homebuyers and homeowners looking to refinance can agree ...

A fresh reading Friday showing that inflation cooled slightly in September is likely to keep the Federal Reserve on course for another quarter-percentage-point interest rate cut next week amid ...

As the Bank of Canada eyes its next rate announcement scheduled for Wednesday, Oct. 29, inflation continues to creep up. Typically, the bank considers inflation statistics, among other factors, when ...

Department of Economy, Planning and Development (DEPDev) Secretary Arsenio Balisacan, the Marcos administration’s chief economic planner, bucked proposals to slash the country’s value-added tax (VAT).

ATTEMPTED MURDER CHARGES. POWER BILLS COULD GO UP FOR PG&E CUSTOMERS. THE UTILITY IS PROPOSING FOUR STRAIGHT YEARS OF RATE HIKES IN 2027. THE AVERAGE POWER COSTS COULD GO UP $144 A YEAR FOR SOMEBODY ...

Gold breaches $4,200/oz for the first time Trump mulls ending some trade ties with China Fed's Powell signals dovish tone as US jobs remain sluggish Silver hit a record high on Tuesday Oct 15 (Reuters ...

Federal Reserve Chair Jerome Powell on Tuesday emphasized that a sharp slowdown in hiring poses a growing risk to the U.S. economy, a sign that the central bank will likely cut its key interest rate ...

Americans frustrated by high home borrowing rates may have gotten some welcome news this week. The average 30-year fixed mortgage rate dropped to 6.19% for the week ending October 23, down from 6.27% ...

NEW YORK, Oct 16 (Reuters) - Federal Reserve Governor Christopher Waller said on Thursday he favors another interest rate cut at the U.S. central bank's policy meeting later this month because of ...

ASB has cut a number of its fixed-term home loan rates. Photo: Kirk Hargreaves ASB has cut a number of its fixed-term home loan rates. Its six-month rate will drop by 10 basis points, from 4.95% to ...