The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the central bank.

Martin Baccardax, Senior Writer at Barron's, says the slowdown in the labour market, inflationary pressure, and concerns about tariffs make forecasts for the market 'tricky'. In addition, potential interest rate changes by the Fed have an impact on tech stocks.

Wall Street is rallying after the head of the Federal Reserve indicated cuts to interest rates may be coming, though he gave no clear clue about when.

Federal Reserve Chair Jerome Powell is set to speak Friday in Jackson Hole, Wyoming, at a Fed research conference. As always, traders will be listening for hints about what might happen with interest rates at next month’s Fed meeting. That’s as a weakening labor market sets the backdrop.

Japan's Ministry of Finance is preparing to ramp up the interest rate it factors in for long-term government bonds to the highest level in 17 years as it gathers in other ministries' budget requests for fiscal 2026/27,

President Donald Trump has gone on a bond buying spree since taking office, reportedly sinking more than $100 million into debt issued by big companies and municipal governments alike.

Wall Street is holding relatively steady ahead of a highly anticipated speech about where U.S. interest rates may be heading.

New Zealand's central bank will likely cut its key interest rate twice more this year, taking it to 2.50%, according to a majority of economists polled by Reuters following the latest policy meeting,