The Latest Breaking News from Interest Rates

Governments around the world have been on a borrowing spree, and prosperity has suffered.

June S&P 500 E-Mini futures (ESM24) are trending down -0.15% this morning as uncertainty over the Federal Reserve’s plans to cut interest rates continued to stifle market sentiment, with investors’ focus now shifting to remarks by Fed Chair Jerome Powell and ADP National Employment numbers due later in the day.

The Fed is expected to begin cutting interest rates later this year, which could significantly help the stock market. But why is that? And how does this process work?

A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.

Minutes from the last Reserve Bank of Australia board meeting suggest everything is going according to plan - for now.

Reject these four financial myths and avoid being financially foolish.

Gold hit another fresh record high Monday as investors grow confident that the Federal Reserve will cut interest rates this year, even after data showed a slight uptick in a key inflation report.

US dollar stability, PCE data impact on interest rates, yen's safe-haven status, and global economic uncertainties drive forex market sentiment.

With interest rate cuts on the horizon, now is the time for investors to shift to longer-term fixed-income securities to lock in higher yields.