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.
After decreasing for 12 months, the US inflation rate has stalled above 3 percent for the past 11 months ... However, inflation was only 1.4 percent when Joe Biden took office. What happened? Interest ...
Asian markets were mixed Tuesday (May 28) as investors took a breather after the previous day's rally and as they gear up for ...
Spot gold continued to hold steady at $2,351.39 an ounce, following a 1% increase the prior session. At $2,352.30, gold ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
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 ...
The Federal Reserve's 2 percent inflation target is currently out of reach. At the same time, interest rates have risen ...
The Brent crude contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while the more active August contract increased ...
COLOMBO: Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as ...
Last week, Fed officials tempered expectations for rate cuts, cautioning that the central bank still needs more evidence that inflation will eventually decline to its 2% annual target. Prolonged ...
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