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The Federal Reserve on Wednesday cut interest rates for the first time in 2025 and released policymakers' quarterly forecast of economic conditions that shows the potential outlook for further rate ...

The committee's median forecast for the federal funds rate shows a decline to only 3.4% by the end of 2026, a mere 0.2 percentage point drop from the 3.6% projected for year-end 2025. While 20 bps is ...

FTSE 100 in the rise as UK inflation remains under control. Alibaba helps lead Chinese tech push. FOMC rate cut expected, with dot plot in focus. Joshua Mahony is Chief Markets Analyst at Scope ...

THE Department of Tourism (DoT) said on Wednesday that budget cuts present “challenges” to achieving its mission of promoting the Philippines as a destination. “Our work is to ensure that the number ...

As widely expected, the Federal Reserve trimmed its policy rate by 25 basis points to 4.00%-4.25% on Wednesday, acknowledging a softening labor market even as inflation perked up in recent months. In ...

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Richard Moody, chief economist at Regions Financial Corp., said the Fed’s interest-rate committee has become more divided in recent months. These divisions will be easy to spot in the Fed’s new ...

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