Gold prices rebounded on Friday, buoyed by heightened expectations of a September rate cut following comments from Federal Reserve Chair Jerome Powell at the central bank’s Jackson Hole symposium.

The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.

COOLING inflation coupled with subdued economic growth will likely prompt monetary authorities to deliver another 25-basis ...

St. Louis Fed President Alberto Musalem said Friday he would need more data before deciding to support a rate cut at the Fed’s Sept. 16-17 meeting given that inflation is above the Fed’s 2-percent ...

The Bangko Sentral ng Pilipinas (BSP) is widely expected to deliver another 25-basis-point cut in benchmark interest rates ...

The Fed is supported by structures that protect its independence, but anyone who doubts Trump’s desire and willingness to bend it towards his will is kidding themself, as we have already seen with his ...

Policy disagreements could grow in the coming months as Trump names new officials to vacancies at the Fed and Powell’s term as chair ends in May.

Wall Street expects Nvidia to report earnings per share of $1.01 on revenue of $46.13 billion. A slew of Wall Street analysts ...

The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that the Fed may soon lower interest rates. The Dow ...

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he ...

While not committing to action, Fed Chair Powell signaled a shift in monetary policy. Nvidia’s earnings release on Wednesday ...