The latest quarterly inflation data shows core inflation has dropped to its lowest level in years, increasing hopes the Reserve Bank will cut rates in February. A rally on Wall Street has sent ...
Oil futures pick up in choppy trade, recovering part of the previous day's losses as protests at Libyan ports threaten to cut off some crude exports. In the U.S., focus turns to the EIA's weekly ...
The Fed's benchmark rate stands at 4.25% to 4.5% after the central bank lowered it by a full percentage point last year. The Fed's easing cycle began after rate hikes had helped bring down inflation ...