BofA, Fed
Fed's Kashkari says 50 basis points rate cut was 'right decision'
Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank's recent interest rate cut, calling it the "right decision" in light of substantial progress on inflation and the risk of an increase in unemployment.
'A hawkish 50 bps cut?' Citi trader who predicted Fed's latest move believes so
Treasuries reversed course shortly after the Fed’s initial announcement Wednesday to close lower across the curve, while the S&P 500 swung from gains to losses.
Brazil Braces for Hawkish Central Bank Chief Just as Fed Readies Rate Cuts
The new power broker in Brazil’s central bank, Gabriel Galipolo, has made a radical transformation to anti-inflation crusader over the past few weeks. In so doing, Galipolo, who’s been tapped to take the top job at the bank,
BofA now expects Fed to go for 75 bps in rate cuts in Q4
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off a widely expected series of reductions on Wednesday.
BofA predicts deeper Fed rate cuts despite hawkish tone - 75 bps in Q4 and 125 bps in 2025
Bank of America predicts deeper Federal Reserve rate cuts despite its recent 50 bps reduction. They forecast an additional 75 bps in Q4 and 125 bps in 2025, citing a disconnect between Fed messaging and market expectations.
Fed’s Powell Isn’t Dovish or Hawkish. He’s Bullish.
After a jumbo September rate cut, officials predict a continued economic growth and a gradual decline in interest rates.
Will mortgage rates drop in October without a Fed meeting?
Mortgage rates are in the 6.00% range now, but could that change? Here's what could happen in October, experts say.
GBP/USD Rally Targets 1.41 as Dovish Fed, Hawkish BoE Add Bullish Fuel
The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could ...
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% ...
Analysis: Size of Fed Rate Cut Likely to Jolt Bond Markets Beyond U.S.
The Federal Reserve could derail bond rallies in the U.S. and the eurozone if the central bank starts monetary easing with a ...
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, with a dissent from Fed ...
The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically ...
Australia's central bank holds rates, softens hawkish stance slightly
Australia’s central bank on Tuesday reiterated that interest rate cuts were unlikely in the near term as it held policy ...
Dollar Records Modest Weekly Losses Amidst Fed's Jumbo Rate Cut
A larger-than-expected rate cut by the Federal Reserve on Wednesday dragged the U.S. dollar and the six-currency Dollar Index lower ...