News

Dow closes up 840 points after Fed chair signals possible interest rate cut

Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance ...

Fed is Going to Cut Interest Rates: Ira Jersey

Bloomberg Intelligence's Ira Jersey gives his thoughts on Jerome Powell's comments at Jackson Hole and believes the Federal ...

Wall Street soars as hopes for lower interest rates lift the Dow to a record

Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...

Markets wobble ahead of interest rate changes - 22 Aug 2025

Martin Baccardax, Senior Writer at Barron's, says the slowdown in the labour market, inflationary pressure, and concerns ...

Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...

How will interest rate cuts impact my HELOC payments?

"HELOC interest rates are generally structured as prime plus a margin," Debbie Calixto, sales manager at mortgage lender ...

Powell didn't promise September interest rate cut, may hold steady if data is ugly, Rosengren says

Federal Reserve Chair Jerome Powell didn't "promise" to cut interest rates in September and may not adjust rates if there are ...

New Zealand's central bank may cut interest rates twice more this year to 2.50% - Reuters poll

New Zealand's central bank will likely cut its key interest rate twice more this year, taking it to 2.50%, according to a ...

Trump goes on $100 million bond buying spree: Here’s what it could signal about future interest rates

President Donald Trump has gone on a bond buying spree since taking office, reportedly sinking more than $100 million into ...