News

The jobs report has dashed hopes of a rate cut this summer
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Exclusive: Russia's VTB to gain billions of roubles if interest rates come down, CFO says
Every 1% cut in central bank interest rates gives Russia's VTB Bank an extra 20 billion roubles ($250 million) in net profit, ...
SA Sentiment: One Fed rate cut in view this year even as Trump pressures Powell
Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...
The Fed's Interest Rate Cuts Foreshadowed the Recent Stock Market Correction. Here's What Might Happen Next.
Now, with the most recent CPI reading (for May 2025) coming in at an annualized rate of just 2.4%, the Fed has penciled in ...
Poland's July rate cut not the start of a cycle, central bank chief says
A 25-basis-point cut in Polish interest rates this week is not the start of a policy-easing cycle, central bank Governor Adam ...