The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S.

The Fed was already likely to cut in September but this report, if confirmed by additional weak data, could cause some to consider the possibility of a 50 basis point (1/2 percent) cut at the next ...

The latest weak economic numbers have traders increasingly betting on a half-point interest-rate cut this month. Fed-funds futures now show a 47% chance of a 50 basis point cut at the Federal Open ...