The ECB actually cut its benchmark rate eight times over the past year amid easing eurozone inflation. Its key rate currently sits at 2%, compared with the Fed’s 4.25% to 4.5%.

The odds of a second rate cut before the end of 2025 also stand at above 70%. The data showed that consumer inflation rose 2.4% in May, below the 2.5% figure that economists polled by FactSet were ...

Trump is tearing into Jerome Powell once again, this time for what he says is complete disrespect for America’s financial ...

USDCHF gained above 0.7950 as strong US jobs data decreased the chance of a rate cut by the Fed. It hits an intraday high of ...

Strong US payrolls data lifts DAX despite softer wage growth. Traders eye EU trade talks and factory orders for fresh market ...

Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair ...

The Reserve Bank is overwhelmingly expected to slash rates on Tuesday as global volatility continues to take hold.