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 ...
The dollar had fallen back after data showed a slowdown in consumer price rises in April and confirming the trend could pull ...
The sharp interest rate hikes of ... That means higher rates may not be doing much to limit many Americans' spending, or cool inflation. “What you have right now is a situation where these ...
Investing.com-- U.S. stock index futures rose slightly in evening deals on Monday, with focus largely on more cues on ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
OIL prices rose over 1 per cent in muted trade owing to public holidays in Britain and the United States after a downbeat week characterised by the outlook for US interest rates in the face of sticky ...
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 ...