Mr. Powell made the comments at a news conference on Thursday following the central bank’s decision to cut interest rates by a quarter of a percentage point. Fed officials have signaled that ...

In 2024, for example, nine of the central bank’s 19 officials expect rates to end the year at about 4.4 percent, half a point below where they stand after the jumbo rate cut on Wednesday.

OTTAWA—Most analysts anticipate Bank of Canada Gov. Tiff Macklem will deliver an outsize half-point rate cut on Wednesday with inflation below the central bank’s 2% target and an economy ...

Following the U.S. Federal Reserve’s much-anticipated — and higher-than-some-expected — 50-basis point rate cut last Wednesday, other global central banks followed suit. South Africa cut ...

Two-thirds of economists, 19 of 29, in a Oct. 15-17 Reuters poll forecast the Bank would cut rates by one half-percentage point to 3.75%. One expected a 50 basis point cut in an August survey.

Rates markets show traders fully expect the Bank of Canada to lower rates for its fourth consecutive meeting on Oct. 23 and see even chances of a jumbo 50 basis point cut to 3.75%. Canadian ...

Bank of Canada Expected to Cut Rates by Half a Point; The Chance to Lock High Yields on Bonds Is Here By Vicky Ge Huang U.S. Treasurys are paying higher yields than two months ago, giving fixed ...

Switzerland took similar action last month. Rate-setters at the European Central Bank followed today with a quarter-point cut to extend the trend. They said: “Underlying inflation has also eased ...

The Bank of England cut interest rates Thursday ... He expects the next quarter-point cut to come in November, rather than at the BoE’s next meeting, in September. Consultancy Capital Economics ...

Admittedly, a larger interest-rate cut is something of a long shot as central banks rarely like to surprise; September’s half-point reduction from the Federal Reserve didn’t land smoothly.