The personal consumption expenditures price index rose at an annual rate of 2.7 per cent in April Read more at ...
The delay in rate cuts is largely due to inflation pressures that are plaguing the economy, driven primarily by lingering ...
Find your bookmarks in your Independent Premium section, under my profile Hopes for interest rate cuts this year by the ...
This contrasts with financial markets’ narrative. Over the past week, rate cut expectations have decreased and yields on ...
Some officials at the US Federal Reserve have indicated that they would be prepared to raise interest rates further if ...
The minutes from the latest Federal Open Market Committee meeting released Wednesday reveal increased uncertainty about the ...
NEW YORK (AP) — Mortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after the ...
Economists say a drop in inflation is unlikely to result in an interest rate cut when the Monetary Policy Committee (MPC) ...
Inflation in April remained at the same stubbornly high level as in March. That means costs continued to rise too fast for ...
The central bank started the rate-hiking cycle in November 2021 as the economic hardship and the nationwide lockdown from the ...
The Pound Australian Dollar (GBP/AUD) exchange rate treaded water during Thursday’s session, amid a lack of impactful data ...
The CME Fedwatch Tool is pricing 99.1% for no change in the policy rate for June. September futures are in a stalemate, where it is a neck-and-neck race with 48.4% chances for keeping rates unchanged ...