News

Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market ...
US Treasuries Soar as Slower Job Growth Boosts Fed Rate-Cut Bets
Treasuries rallied, with short-term yields posting their biggest drop in a year, after softer US jobs data prompted traders ...
Did the Fed cut interest rates Wednesday? No, but here's when they might
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
Is credit card debt forgiveness still worth it with interest rates paused?
Fed rates stayed put in July, but does that change the route you should take to deal with your credit card debt?
Canadian dollar pares weekly decline as Fed rate cut bets surge
The Canadian dollar rebounded from a two-month low against its U.S. counterpart on Friday as weaker-than-expected U.S. jobs ...
Fed keeps interest rates unchanged for fifth-straight time
President Donald Trump urged the central bank to cut rates. Fed Chair Jerome Powell is holding firm — but more and more ...
The two Fed dissenters say worries about labor market led them to push for lower rates
The two Federal Reserve governors who dissented from the central bank’s decision to hold interest rates steady this week said ...