Dec. Rate Cut Seems Likelier
Digest more
Looking to purchase a home or refinance your current one? Here are the interest rates you need to know right now.
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.
The Canadian economy faces plenty of challenges for 2026, but that doesn’t necessarily mean investors should be expecting more rate cuts. Andrew Kelvin discusses the expectations for the BoC
The South African rand slipped in early trade on Thursday, as investors looked ahead to the central bank's interest rate decision, the first meeting since the finance minister officially confirmed that the central bank's inflation target is now 3%.
The Federal Reserve won’t see critical information on U.S. inflation or job creation before its next pivotal meeting in December to decide whether to cut interest rates for the third month in a row.
The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.
The average rate on a 30-year U.S. mortgage edged higher for the third week in a row, though it remains close to its low point this year.
The Bank of Japan will raise interest rates at its upcoming December meeting, according to a slim majority of economists in a Reuters poll, pushing through with its aim of normalising monetary policy,