Week Ahead: Did The Fed's Rate Cut Signal A Near-Term Low In U.S. Rates?
The Fed's newest iteration of the dot plot has a median projection of 50 bp this year, while the market has nearly 75 bp ...
Fed Is About to Get Validation for Its Jumbo Rate Cut
The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s ...
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Fed’s Favored Price Gauge Seen Substantiating Rate Cut
The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the ...
Canadian dollar clings to weekly gain as retail sales beat estimates
Canadian retail sales grew by 0.9% in July from June, eclipsing forecasts for a gain of 0.6%, while a preliminary estimate showed sales up 0.5% in August.
Emerging-Market Currencies Fluctuate as Post-Fed Euphoria Dims
Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered.
Bank of Japan Keeps Interest Rates Steady, Cites Moderate Economic Recovery
Japan's fiscal year starts on April 1 and ends on March 31. So, the 2025 fiscal year will finish in March 2026.