(This story was updated because an earlier version included an inaccuracy and to add new information.) After slashing its key interest rate by a hefty half percentage point in September, the ...
OTTAWA--Senior Bank of Canada officials agreed on a half-point rate cut to help a weak economy, although some policymakers worried this could fuel expectations for a series of outsize reductions ...
The Bank of Canada ultimately opted for a half-percentage point interest rate cut, bringing its policy rate to 3.75 per cent. "A number of factors were mentioned to support this decision.
STOCKHOLM (Reuters) - Sweden's central bank is likely to cut its policy rate by half a percentage point to 2.75% when it meets this week, aiming to boost the weak economy and keep inflation from ...
Indeed, a sequential rate cut in December now looks unlikely." Markets were pricing fewer than four quarter-point cuts from the Bank up to the end of next year, down from a little under five ...
Fed target rate probabilities. Source: CME Group Data from CME Group’s FedWatch Tool confirms that markets expect a 0.25% rate cut to result from the FOMC meeting. With risk assets tipped for ...
The Federal Reserve is poised to lower its benchmark policy rate by a quarter-point next week, sticking to its course in the face of a distorted jobs report and uncertainty over economic policy ...
Notably, interest rate futures prices on Friday reflected no chance the Fed would deliver another half-percentage-point rate cut, as it did in September when it began easing policy to head off ...
Fed seen on track for 25-basis-point rate cuts next week and in December The increase of 12,000 nonfarm payroll jobs last month was far short of the 113,000 economists had anticipated. Reuters ...