2 May: ‘Higher-For-Longer’ Narrative Sinks Deeper Roots The US Federal Reserve has kept interest rates in a target range between 5.25% and 5.5% and signalled that borrowing costs are likely to ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
We also had US industrial production data released this week. It was flat in April from the previous month, while factory output fell by 0.3%. The Conference Board Leading Economic Index for the U.S.
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
Goldman Sachs raised its global oil demand forecast for 2030 on Monday and expects consumption to peak by 2034 on a potential slowdown in electric vehicle adoption, keeping refineries running at ...
The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next ...
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
Sri Lanka's central bank kept is policy corridor unchanged with most rates converging towards the floor rate in recent weeks ...
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, foreign conflicts, and ...