That's because the market is forward-looking and had already started pricing in the rate cut before the announcement. It's ...

European markets have opened lower after Asian stocks surged, as a rally driven by the Federal Reserve’s big cut to interest ...

Chicago Public School Teachers’ Pension & Retirement Fund terminated Western Asset Management from its $569 million active ...

Government borrowing in August rose to the highest level for the month since the Covid pandemic in 2021. Official figures ...

Spot gold prices hit a record high on Friday as a weak dollar, expectations of more US interest rate cuts and tensions in the ...