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 Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
WASHINGTON (AP) — It's perhaps the biggest question swirling around the U.S. economy right now: Is inflation stuck at an ...
Movements on global markets this week will be dominated by the release on Thursday of the US second estimated gross domestic ...
JPMorgan CEO Jamie Dimon flagged threats including sticky inflation, government overspending, foreign conflicts, and ...
Federal Reserve Chairman Jerome Powell admitted that inflation has remained more persistent than officials expected.
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
Oil prices eased less than 1% on Monday as U.S. Federal Reserve officials said they were awaiting more signs that inflation ...
The European Central Bank (ECB) is almost certain to become the first major central bank to start cutting interest rates next ...