adminFed Opens Up Policy Space Around the World Without Feeding Panic
(Bloomberg) — The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning…
Dollar rebounds after Fed goes big on rate cut
By Rae Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut…
Fed’s Powell: Central bank forecasts don’t point to urgent action
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't imply an urgent…
Fed lowers interest rates by half point in first cut since 2020
This report is developing. Refresh for the latest version. The Federal Reserve slashed interest rates by a half percentage point Wednesday and charted a course for two additional cuts this…
Mortgage Market’s Historical Sway Dulled as Fed Gears Up to Ease
(Bloomberg) — The $8 trillion mortgage market can trigger big swings across fixed income when the Federal Reserve shifts interest rates, but investors say this time is different. Most Read…
US Futures Are Steady in Watchful Mood Before Fed: Markets Wrap
(Bloomberg) — US equity futures kept to tight ranges as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision. Most Read from Bloomberg Traders are split…
Gavin Newsom signs AI bills aimed at fighting election deepfakes like those spread by Elon Musk
California Governor Gavin Newsom is signing into law three bills that target the misuse of video, audio, and images created by artificial intelligence in a sweeping effort to crack down…
Analysis-Traders brace for least predictable Fed meeting in years
By Saqib Iqbal Ahmed and Carolina Mandl NEW YORK (Reuters) – Traders in global financial markets are facing extraordinary uncertainty as they await the U.S. Federal Reserve's expected rate cut…
Dollar catches footing ahead of Fed
By Tom Westbrook SINGAPORE (Reuters) – The dollar steadied on Wednesday as stronger-than-expected U.S. retail sales had traders slightly trimming bets that the U.S. easing cycle will begin with an…
Oil Steadies With Middle East Tensions and Stockpiles in Focus
(Bloomberg) — Oil steadied after a two-day gain as traders assessed rising tensions in the Middle East, indications of higher US stockpiles, and the likely course of the Federal Reserve’s…
