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 ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
The dollar had fallen back after data showed a slowdown in consumer price rises in April and confirming the trend could pull ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next ...
Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought ...
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 extended gains on Monday amid political uncertainty in major producing countries after Iran's president died in a ...