Meanwhile, the People’s Bank of China (PBOC), China's central bank, left its Loan Prime Rates (LPRs) unchanged on Friday.

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial ...

The USD/CAD pair struggles to gain any meaningful traction during the Asian session on Friday and currently trades around the ...

Market Roundup US Continuing Jobless Claims 1,829K 1,850K forecast, 1,843K previous US Current Account (Q2) -266.8B -259.0B forecast, -241.0B previous US Initial Jobless Claims 219K 230K forecast, ...

Sales of previously occupied U.S. homes declined in August to the slowest annual pace in nearly a year even as mortgage rates ...

Officials in some countries started cutting rates last year, but others, including those in Europe and the United States, ...

OTTAWA--Some market participants initially misinterpreted the Bank of Canada's message regarding its July decision to cut rates as it pertained to downside economic risks, a senior central bank ...

The US central bank has lowered interest rates for the first time in more than four years with a bigger than usual cut. The ...

Australia has been more successful than the US, UK and Canada in managing inflation and unemployment, but underlying weakness ...

The latest attack comes a day after thousands of pagers exploded, with investigations into Tuesday's detonations pointing to explosives planted in devices by Israel. The metal, which is used to make ...

The Federal Reserve has initiated a significant move by cutting interest rates for the first time since the early days of the ...

Inflation has cooled to the Bank of Canada’s 2% target, but will it remain there and does it mean a 50 basis point rate cut ...