Election 2024 coverage presented by
Last updated 3 mins ago
Election 2024 coverage presented by
Last updated 3 mins ago
Friday's U.S. jobs report has seemingly set the stage for the Federal Reserve (Fed) to start cutting interest rates, with the first move likely to happen next week.
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As expected, the U.S. Federal Reserve left its benchmark fed funds rate range unchanged at 5.25%-5.50%. Maybe somewhat surprisingly though, the Fed gave little indication that a September rate cut is ...
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Markets, including crypto, briefly rose after Thursday’s Consumer Price Index (CPI) report which showed that prices cooled more than expected in June, spurring hope among traders that the Federal Re...
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The chances of a September rate cut edged just so slightly higher on Tuesday as U.S. Federal Reserve Chairman Jerome Powell said elevated inflation is not the only risk faced by the economy.
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As expected, the Bank of Canada Wednesday morning cut its benchmark overnight rate by 25 basis points to 4.75%.
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