News

The U.S. dollar drew support from elevated Treasury yields on Wednesday, which in turn kept pressure on the yen after the ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the ...
Minutes from the Fed’s June policy meeting tease at a looming split over whether and when officials will resume rate cuts.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Federal Reserve Bank of San Francisco President Mary Daly said on Thursday the time to cut rates is nearing, without saying ...
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, ...
Wells Fargo only derived 56% of its Q2 2025 revenues from net interest income, highlighting the bank's topline resilience in ...
Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the ...
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.
The ringgit slipped 0.01 per cent against the US dollar at the close, as the local note continued trading on the defensive ...