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TOKYO -- The Japanese yen weakened on Thursday after the Bank of Japan said at the end of a two-day policy meeting that it would hold interest rates steady at 0.25%. The currency fell to over 155 ...

Gold price attracts some haven flows in the wake of the post-FOMC sell-off in the equity markets. The Fed’s hawkish outlook lifts the US bond yields to a multi-month high and might the XAU/USD ...

Financial markets are coming to grips with the possibility that global interest rates may not go much lower and advanced economies like the US and Australia will be prone to higher inflation in a ...

Economic activity has continued to expand at a "solid pace," Federal Reserve Chair Jerome Powell said Wednesday after the central bank cut its benchmark rate by another 25 basis points, and the ...

Bitcoin's price dipped Wednesday after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold the digital currency and signaled a more cautious approach to rate cuts ...

Federal Reserve Chair Jerome Powell's press conference did little to soften the stock market’s slide. The Dow was down 780 points, or 1.8%, after Powell wrapped up the question and answer ...

Terry has 25 years experience in journalism and communications, reporting on a range of topics that include personal finance, telecommunications, Congress, government regulations, and criminal ...

The stock market swooned Wednesday in response to a piece of news that might not seem all that dire on first read: The Federal Reserve could cut interest rates fewer times in 2025 than experts had ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

WASHINGTON (Reuters) -The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs now hinge on further ...

While borrowers may be hoping that the Fed's latest move helps to lower mortgage rates, the Federal Reserve's 25 basis point rate cut is unlikely to lead to a dramatic drop. Here's why: The ...