The US Federal Reserve should keep interest rates at their current elevated levels for longer than previously expected due to disappointing recent inflation data, a senior bank official said Monday.
Headline US inflation fell to 3.2% in the year to October 2023 from 3.7% a month earlier, reducing the likelihood of an interest rate hike by the Federal Reserve at its final meeting of the year ...
Oil prices were stable on Monday as the market awaited further clues on the likely path of U.S. interest rates in the wake of ...
Rishi Sunak yesterday hailed a 'major milestone' as inflation fell sharply – hours before calling a general election. The PM ...
Some US Federal Reserve officials signalled they would be prepared to raise interest rates further if inflation became more ...
WASHINGTON -- The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent ...
Oil prices eased about 1% on Monday as U.S. Federal Reserve officials said they were awaiting more signs that inflation was ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
US housing market's influence on inflation: complex dynamics challenge monetary policy goals and projections ahead.
OIL PRICE - NEW YORK, May 23 (Reuters) - Oil prices fell for a fourth consecutive session on Thursday and settled at ...
“Higher-for-longer” interest rates are set to weigh on US lenders in the short term, according to the US Federal Reserve’s vice-chair for supervision Michael Barr, with exposure to commercial real ...