The Latest Breaking News from Interest Rates

Federal Reserve plans to cut interest rates due to cooling inflation, not election uncertainty. Powell emphasizes Fed's independence.

This year has seen a slowdown in real estate deal-making, with U.S. mergers and acquisitions declining by 39% to $27.1 billion, according to data from Dealogic. Elevated interest rates have raised borrowing costs, impacting the market.

Commodity prices turned mixed results in October even though bearish price action in the bond market and the pushed interest rates higher and bullish action in the dollar index tends to weigh on raw material prices.

Recent employment figures show slowing job growth, prompting expectations of a Federal Reserve interest rate cut.

The dollar index (DXY00 ) on Thursday finished little changed. The dollar Thursday recovered from a 1-week low and was little changed on better-than-expected US economic news that was hawkish for Fed policy. Weekly jobless claims unexpectedly fell to a 5-month low, and Sep personal spending rose more than expected....

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely

The dollar index (DXY00 ) today is up by +0.13%. The dollar today recovered from a 1-week low and is mildly higher. The dollar was boosted by better-than-expected US economic news that was hawkish for Fed policy. Weekly jobless claims unexpectedly fell to a 5-month low, and Sep personal spending...

The Bank of Japan warned Thursday of "high uncertainties" following the ruling party's worst election result in 15 years, as it kept interest rates unchanged.

Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure of still-high interest rates