
The US Federal Reserve kept its key interest rate unchanged on Wednesday, pausing its recent easing cycle as it navigates economic uncertainty and rising political pressure. This marks the central bank’s first... Read more »

Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle... Read more »

The U.S. Federal Reserve cut interest rates in September, the first in a string of cuts expected at least into 2025. Earnings on cash are expected to decline as a result —... Read more »

The Bank of Russia is expected to maintain its key interest rate at 18% during its upcoming meeting on Friday, as recent economic data suggests a potential slowdown in inflation and retail... Read more »

With a Federal Reserve rate cut looming, investors might have to look to riskier parts of the bond market to keep their income levels steady. Columbia Threadneedle is one of the firms... Read more »

Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I realise I’ve... Read more »

U.S. President Joe Biden waves as he departs for Baltimore from the White House in Washington, U.S., April 5, 2024. Kevin Lamarque | Reuters Interest provision may erase up to $20,000 per... Read more »

Americans who enjoyed capital gains from a rallying stock market or interest from high-yield savings accounts in 2023 may have a few surprises waiting for them in their tax bill. That’s emerging... Read more »

The U.S. economy’s robust growth, employment, and inflation figures have left little room for the Federal Reserve to consider immediate rate cuts. Despite this, Federal Reserve Chair Jerome Powell suggested the policy... Read more »

Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. A quick programming... Read more »

Scheduled for release on Wednesday, February 21 at 2:00 PM ET, the US FOMC meet minutes hold potential significance for understanding recent trends in Federal Reserve policy, particularly regarding interest rates. Will... Read more »

A Toronto-based hedge fund that outperformed the Canadian corporate bond market three years in a row is buying up longer-term notes in anticipation that the Bank of Canada will soon make its... Read more »

Wall Street’s biggest AI darling is about to report earnings next week, and the results may show whether the mega-cap fueled market rally is justified as investors deliberate the path forward for... Read more »

Inflation is cooling. Consumer spending continues to be at record highs, while consumer confidence has been trending up. And, after almost two years of rate hikes by the U.S. Federal Reserve, investors... Read more »

Jean Boivin, head of BlackRock Investment Institute, discusses the prospects for Japanese stocks and Bank of Japan policy. Boivin, who previously served as deputy governor of the Bank of Canada and associate... Read more »