ASX 200 futures are trading 10 points lower, down 0.12%, as of 8:30 am AEDT. Yields are too damn high! Major US benchmarks ...

Top Wall-Street brokerages revised their Fed rate cut forecasts, after a blow-out U.S. jobs report on Friday, with BofA ...

The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...

The Fed is likely done cutting rates amid robust economic activity and can now eye a hike if core PCE or long-term inflation ...

Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut ...

If you've been waiting for borrowing costs to fall for credit cards, car loans or mortgages, your wait just got longer.

After the "gangbuster" December jobs report, the Federal Reserve's rate-cutting cycle is over, said Aditya Bhave, senior U.S. economist at BofA Global Research. "Our base case has the Fed on an ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...

The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of 4.25% to 4.50%. The challenge for Fed chairman Jerome Powell ...

The Federal Reserve meets for its first two-day rate-setting session of 2025 on Tuesday, January 28, and Wednesday, January 29, 2025. At the end of its Federal Open Market Committee session on ...

The Federal Reserve announced Wednesday that it is cutting the fed funds rate, a key overnight bank lending rate that impacts other interest rates, for the first time in four years. The housing ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...