The implied "terminal rate" is currently around 3.4%, which the central bank is expected to reach by the end of next year.

Biden delivers verdict on interest rates after Fed cut - ...

Clamping down on volatility and building up a stockpile of foreign exchange holdings to safeguard the economy in the event of ...

Asian stocks extended a rally in global equities as jobs data reinforced expectations of a soft landing for the US economy. The focus is shifting to Bank of Japan Governor Kazuo Ueda’s briefing later ...

During the Fed’s post-cut press conference on Wednesday, when asked about the current level of job creation, chair Jay Powell said this: It depends on the inflows. If you are having millions of people ...

The yen pared its losses on Friday as the Bank of Japan (BOJ) sounded optimistic about growth and signalled it will be judicious about further policy tightening, while ...