The Latest Breaking News from Interest Rates

Asian markets built on the latest global rally Tuesday as optimism that the US Federal Reserve will cut interest rates this year continued to breeze through trading floors.

Malaysia's central bank to maintain interest rates until 2026 for economic stability and growth.

Most Asian markets rose Monday after data showing fewer US jobs were created last month rekindled optimism interest rates will be cut this year, while mainland Chinese equities bounced on hopes for fresh government economic support.

The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.99%. US stock indexes Friday settled moderately higher, with the S&P 500 and Nasdaq 100...

The dollar index (DXY00 ) on Friday fell to a 3-week low and finished down by -0.25%. The dollar sank Friday as T-note yields retreated on the weaker-than-expected reports on US Apr nonfarm payrolls and the Apr ISM services index. The weak reports boost the chances of the Fed cutting...

U.S. banks look likely to face pressure from elevated deposit costs, prolonged high interest rates, deteriorating asset quality, and stringent lending standards. Therefore, it could be wise to look beyond borders and buy fundamentally strong financial stocks Woori Financial Group (WF), Erste Group Bank (EBKDY), and Banco Santander (SAN). These…

The dollar index (DXY00 ) this morning is down by -0.28% and fell to a 3-week low. The dollar sank today as T-note yields retreated on the weaker-than-expected US Apr unemployment report and Apr ISM services index. The reports boost the chances of the Fed cutting interest rates this year,...

Stubbornly high interest rates mean if you're not getting at least 4% on your money — you're getting robbed. And not by a small amount.