The Singapore dollar consolidated against its U.S. counterpart in the Asian session, but may be weighed by abating Fed rate-cut prospects.

At the time of writing, USD/JPY is trading 0.47% higher on the day, positioning the pair to recover after a 0.72% decline in ...

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the ...

Traders are pricing in fewer Federal Reserve interest-rate reductions by the end of the year, according to the CME FedWatch tool. There’s now a 38% chance of the key rate falling by a half-point ...

Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...

Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut rates in September.

The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...

The Federal Reserve – which held its last meetings June 17 and June 18 – declined to cut short-term rates. Some economists say the Fed might not even cut interest rates at its meeting in late ...

How Fed’s aggressive rate cut may boost Harris’ prospects Amber Baesler/AP Federal Reserve Chair Jerome Powell walks outside the Jackson Hole Economic Symposium in Wyoming, Aug. 23, 2024.

WASHINGTON — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year ...

Fed Rate Cuts Will Not Be as Deep ... The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market ... on the prospects of short-term U.S. Treasuries as current ...