Gold off record highs as Fed's Powell douses rate-cut hopes
Gold prices retreated on Wednesday from an all-time high hit in the previous session, as Federal Reserve Chair Jerome ...
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Asian stocks rise as Powell rate warning taken in stride
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the ...
Another major bank has announced new fixed rates
Australia’s second largest lender, Westpac, has become the latest of the big four banks to cut its interest rates just days prior to the Reserve Bank meeting to discuss Australia’s official cash rate.
Powell says Fed not 'in a hurry' to cut interest rates with 'economy remaining strong'
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest rate cutting campaign.
Powell says Fed 'well positioned' for the 'risks and uncertainties' that lie ahead
The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
Fed faces thorny decisions as it weighs when to lower interest rates amid Trump's tariffs
The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and immigration crackdown.
New research can reveal the Australian suburbs where house prices are set to soar from Reserve Bank rate cuts
The Reserve Bank of Australia could give Aussie homeowners something to cheer about with property values across key suburbs ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
AMP reduces fixed interest rates days before RBA’s meeting
AMP has become the latest financial institution to drop the rates it is offering customers ahead of the Reserve Bank’s next meeting.
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The Labor Market Is Getting Battered, but You Wouldn't Know Looking at the Data
Second, the Fed is looking for signs of weakness in the labor market. Though the Fed doesn't want unemployment levels to dive to recession levels, a "healthy" labor market tells the central bank that ...