Stay updated with breaking news from Nterestrate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Philidelphia Federal Reserve (Fed) President Patrick Harker hit newswires Thursday, noting that while the Fed is approaching the point of cutting rates, policymakers remain unsure of when specifically that might happen.
Federal Reserve (Fed) Governor and policymaker Lisa Cook spoke while participating in a moderated discussion at the Annual Conference of the Julis-Rabinowitz Center for Public Policy & Finance, hosted by Princeton University in New Jersey.
The USD/CAD pair struggles to capitalize on its gains registered over the past three days and oscillates in a narrow trading band through the first half of the European session on Wednesday.
The People's Bank of China announced on Tuesday that it maintained the one-year Loan Prime Rate (LPR) unchanged and cut the five-year LPR by 25 basis points (bps) from 4.20% to 3.95%.
Gold has been trading in a narrow range awaiting clues on the prospects for US interest rates.