Carl Tannenbaum comments on interest rate cuts and outlines concerns in the face of geopolitical tensions and global ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about inflation persisted and many households ...
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 ...
Find your bookmarks in your Independent Premium section, under my profile The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down ...
WASHINGTON — The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent ...
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, ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
Movements in headline inflation are a key indicator, but decisions are also influenced by central banks around the world, ...
SRI Lanka’s central bank held interest rates steady on Tuesday (May 28) to ensure inflation pressures remain in check as ...