The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
The US Federal Reserve has kept interest rates in a target range between 5.25% and 5.5% and signalled that borrowing ... 80% of the UK’s savings accounts pay interest at above-inflation rates.
Minutes released on Wednesday from the Federal Reserve's last policy meeting showed the U.S. central bank's response to ...
“Higher-for-longer” interest rates are set to weigh on US lenders in the short term, according to the US Federal Reserve’s ...
And more companies, over time, will have to borrow at higher rates as well, as their low-interest loans mature. “The longer we stay here, the more people can’t wait," Goldberg said.
Brent futures fell 27 cents, or 0.3%, to settle at USD 83.71 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 26 ...
The US Federal Reserve has held interest rates at a 23-year high amid stubborn cost-of-living increases. The central bank on Wednesday kept the benchmark lending rate at 5.25-5.50 percent after a ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...