Markets focus on Fed’s economic projections and new Chair Warsh’s press conference for policy clues amid easing energy prices. The Federal Reserve is poised to leave interest rates unchanged at 3.5%-3.75% for a fourth straight meeting on Wednesday. The decision is widely a
By Alun John and Rae Wee LONDON/SINGAPORE, June 17 The dollar inched higher against most major peers on Wednesday ahead of the Federal Reserve's first policy decision under chair Kevin Warsh, which could see some volatility as investors adjust to a new style of policy making and...</stron
Key Takeaways - ECB President Christine Lagarde warned that tokenized finance cannot scale without central bank money. - Lagarde argued that private stablecoins lack the trust and flexibility needed for institutional adoption. - The ECB believes central bank money is the only...<
UK inflation unexpectedly held steady in May, easing pressure on the Bank of England as policymakers prepare to announce their latest interest rate decision this week. The consumer prices index rose by 2.8% in the year to May, figures from the Office for National Statistic
Investors await Kevin Warsh's debut Fed meeting for clues on future rate moves amid steady global stocks and oil near $80. Global stocks held steady Wednesday as markets braced for Federal Reserve Chair Kevin Warsh’s first policy meeting. Policymakers are expected to leave
U.S. job growth surged in May, with upward revisions for prior months, reducing expectations for Federal Reserve rate cuts this year. The U.S. economy added 172,000 jobs in May, far exceeding forecasts of 80,000, while April and March figures were revised upward to 179,000
National averages for 30-year fixed mortgages fell 5 basis points to 6.26% on June 17, 2026, extending a downward trend. Mortgage rates declined across most loan types on June 17, 2026, with the 30-year fixed rate dropping 5 basis points to 6.26%. The 15-year fixed rate ed
Marcus by Goldman Sachs offers the highest 14-month CD rate at 4% APY amid broader declines in deposit account yields. The highest certificate of deposit rate available today stands at 4% APY, offered by Marcus by Goldman Sachs on a 14-month term. This comes as broader dep
Banks raise money market account yields to 4.01% APY amid stable Fed policy in 2026, outpacing the national average of 0.57%. Money market account rates have climbed to as high as 4.01% APY, reflecting stable Federal Reserve policy in 2026. The national average for such ac
XAG/USD dips 0.25% ahead of the Fed’s rate decision and a US-Iran ceasefire easing energy supply risks. Silver (XAG/USD) trades at $69.85, down 0.25% on Wednesday, as investors await the Federal Reserve’s policy update. The Fed is expected to hold rates steady at 3.5%-3.75
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