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 ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
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.
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
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 ...
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought ...
Analysts expect inflation in the Philippines to settle at an average of 3.7 percent this year, a slight improvement from the ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, foreign conflicts, and ...
Oil prices eased less than 1% on Monday as U.S. Federal Reserve officials said they were awaiting more signs that inflation ...