The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
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 ...
Federal Reserve (Fed) policymakers are set to make their scheduled appearances on Tuesday, as full markets return, anticipating the release of the high-impact US PCE inflation due later this week.
Gold prices held steady on Tuesday as the dollar eased, while investors looked forward to key U.S. inflation data that could ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
Economists say a drop in inflation is unlikely to result in an interest rate cut when the Monetary Policy Committee (MPC) ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
SRI Lanka’s central bank held interest rates steady on Tuesday (May 28) to ensure inflation pressures remain in check as ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
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 ...
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, foreign conflicts, and ...