"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a Tuesday presentation.
Carl Tannenbaum comments on interest rate cuts and outlines concerns in the face of geopolitical tensions and global ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
WASHINGTON (AP) — Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still anxious about inflation and interest rates. The Conference Board, a ...
A global equities index fell slightly on Tuesday while Treasury yields rose as investors awaited inflation data due later in ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US central bank’s policy stance is restrictive, but ...
In emerging economies, inflation remains high due to weakening currencies and high debt. .As a result, interest rate cuts may ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
After two weeks of strong bullish movements in most financial markets across the globe, uncertainty has crept in since the ...
Rolling coverage of the latest economic and financial news, as ECB policymakers indicates June rate cut is a done deal. ...
Spot gold was up 0.3% at $2,357.74 per ounce by 12:40 p.m. ET (1640 GMT). U.S. gold futures rose 1% to $2,358.50.
The repo rate has been left at 8.25% for a year now after it was increased by 50 basis points in a shocking move in May last ...