U.S. stock indexes drifted mostly higher in mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year ...

The Fed is widely expected to cut interest rates by 25 basis points on Wednesday but it's likely to signal that future cuts will be cautious, as markets anticipate, it said.

Sterling faces headwinds from the prospect of the Bank of England cutting interest rates by more than markets expect in 2025, XTB’s Kathleen Brooks says in a note. Sterling rose Tuesday after stronger ...