Fed seen resuming rate cuts in June as consumer confidence takes a dive
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in ...
No Rate Cut Expected At Next Fed Decision On March 19
No change in interest rates is expected when the Federal Open Market Committee is scheduled to set rates again on March 19.
BOK’s Rhee Signals More Rate Cuts as Trump’s Tariffs Take Shape
Bank of Korea Governor Rhee Chang-yong signaled more policy easing to come this year as the central bank cut its benchmark ...
Eurozone Wages Slow, Opening Way For Rate Cut
Wages in the eurozone rose at a slower pace as the economy stalled, paving the way for further reductions in the ECB’s key ...
ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports
European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest ...
Fed Expectations Don’t Budge After Minutes. Next Rate Cut Seen in July.
The market’s expectations for the Federal Reserve’s next move on interest rates held steady after the publication of minutes ...
Bank of Thailand to hold rates at 2.25% on February 26, cut once in Q2
The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday and cut only once this year to preserve a ...
'Are you kidding me?': Massachusetts gas customers react to temporary rate cut
Massachusetts natural gas utility customers are getting a temporary rate cut after state regulators responded to soaring ...
Utah Legislature advances nearly $100M cut to state income taxes
The committee voted to advance HB106, but only after halving the original proposed income tax rate cut. The bill initially sought to cut the rate from 4.55% to 4.45%, or about $195 million per year, ...
Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s ...