Global central banks converge towards rate cut caution
World 10:01 31/10/2025LONDON -- The U.S. Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on Wednesday but pushed back against market bets that it would keep going as the Washington shutdown fogs up its forecasting lens.
Australian unemployment hits 4-year high, rate cut back in play
World 11:57 16/10/2025SYDNEY - Australia's unemployment rate spiked unexpectedly to a near four-year high in September as more people went looking for work, a weak result that revived hopes for more policy easing.
Fed split on whether to hedge on inflation, or proceed with cuts
World 10:39 21/06/2025WASHINGTON -- The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from policymakers following a decision this week to hold borrowing costs steady for now.