The Fed likely won’t wait until inflation reaches its 2% target before cutting rates, Powell tells House panel
Strong debt issuance, M&A expected to be revenue drivers in the quarter
Energy inflation resurfaces, stoking price pressures
Investors have put the likelihood of a Fed rate cut in September at about 76%, according to CME FedWatch
Rising unemployment for Canada, U.S. gives central banks reason to ease
Fitch sees defaults, arrears rising as growth slows amid tight financial conditions
In June, monthly filings returned to pandemic heights
Minutes of most recent meeting show that policymakers are in no rush to reduce borrowing costs
Standards to be published later this month and take effect in 2026
Jack Manley of J.P. Morgan Asset Management says global economic convergence has not played out as expected this year