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 ...
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 ...
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 ...
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 ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
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 ...
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 ...