The Latest Breaking News from Interest Rates

Federal Reserve Chair Jerome Powell reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it’s likely to begin cutting interest rates soon

Asian markets diverged Wednesday after fresh records on Wall Street and remarks by the Fed chief that hinted the US central bank would cut interest rates later this year, without offering a clear timeframe.

Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’

Consumer and business confidence surveys are due out this week and are likely to show ongoing weakness to reflect a waning economy.

The dollar index (DXY00 ) Friday fell by -0.24% and posted a 3-week low. The dollar retreated Friday after the US Jun payroll report bolstered expectations for the Fed to cut interest rates this year. Also, strength in the British pound (^GBPUSD ) weighed on the dollar after a landslide...

US markets resilient post-employment data release, signaling potential interest rate cut.

Forget interest rates and consumer sentiment – luxury markets are swimming in a completely different lane, agents say

The dollar index (DXY00 ) today is down by -0.03% at a 3-week low. The dollar retreated today after the US Jun payroll report bolstered expectations for the Fed to cut interest rates this year. Also, strength in the British pound (^GBPUSD ) is weighing on the dollar after a...

After posting a slight rise in Q1, lumber futures are now over 21% lower since the end of 2023. The path of least resistance of interest rates will likely determine lumber’s path over the coming weeks and months.