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Latest Articles
Canada's central bank holds firm — but its confidence has limits
4+ hour, 16+ min ago (645+ words) Governing Council minutes reveal divisions over whether Canada's Q2 recovery will hold Members of the Bank of Canada's Governing Council were confident the economy had rebounded in the second quarter of 2026, but were divided over how long that momentum would last,…...
Wall Street Faces Pressure as Oil Gains and AI Stock Concerns Drive Selling
1+ hour, 52+ min ago (585+ words) US stocks fell sharply Wednesday as rising oil prices and semiconductor losses weighed on major indexes. The Dow Jones Industrial Average dropped about 800 points during morning trading. The S&P 500 and NASDAQ Composite also declined before the Federal Reserve decision....
Dow Jones Industrial Average Pulls Back Hours Before Fed Decision
2+ hour, 7+ min ago (388+ words) The Dow Jones Industrial Average edged lower in early trading on Wednesday, pulling back from recent gains as investors turned cautious just hours before the Federal Reserve’s latest interest rate decision. The blue-chip index gave back some of its earlier…...
Fed leaves interest rates unchanged
16+ min ago (732+ words) The Federal Reserve left interest rates unchanged for the fifth straight meeting on Wednesday. Nine members of the Federal Open Market Committee — also known as the FOMC — agreed to leave the chief policy rate in the current target range of…...
Fed leaves interest rates alone but three members dissent, putting Chair Kevin Warsh in a tight spot
30+ min ago (650+ words) The Federal Reserve decided to keep interest rates unchanged on Wednesday, though Chairman Kevin Warsh faced pressure from fellow central bankers to curb inflation by increasing rates even as President Trump demands cuts. The Federal Open Market Committee kept its…...
US mortgage rates climb to one year high as Treasury yields surge
2+ hour, 5+ min ago (298+ words) Mortgage rates in the U.S. climbed to their highest levels in about a year last week as rising Treasury yields and higher oil prices pushed borrowing costs higher. According to the Mortgage Bankers Association, the average contract rate for a 30 year…...
POST FOMC STATEMENT WITH THREE RATE-HIKE DISSENTS, CME FEDWATCH TOOL SHOWS PROBABILITY OF RATE HIKE IN SEPTEMBER FOMC NOW 74.5%
1+ hour, 8+ min ago (49+ words) tradingview.com POST FOMC STATEMENT WITH THREE RATE-HIKE DISSENTS, CME FEDWATCH TOOL SHOWS PROBABILITY OF RATE HIKE IN SEPTEMBER FOMC NOW 74.5% More news from Mace News...
Instant View: Fed holds rates steady as three policymakers dissent for a hike
24+ min ago (644+ words) NEW YORK, July 29 (Reuters) – The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2% target....
Can Bitcoin price break $65K after the Fed decision?
2+ hour, 10+ min ago (966+ words) Bitcoin price recovered 2.8% from an intraday low of $62,850 to around $64,650 on July 29 as traders positioned for the Federal Reserve’s interest rate decision. According to data from crypto.news, Bitcoin ($BTC) price rose from $62,850 to an intraday high near $64,775 before settling…...