The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
Waller pointed to a string of recent data, from flattening retail sales to cooling in both the manufacturing and services ...
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls have averaged 246,000 a month so far this year, and unemployment remains low.
Federal Reserve Powell Jerome Powell reiterated his stance that the central bank will need to remain patient and see further ...
Moody's Analytics has a more optimistic forecast, projecting benchmark interest rates in the "high-3% area" by the end of 2025. However, the Fed will need to see "several more months of encouraging ...
The Bank of England is anticipated to keep interest rates steady at 5.25%, marking the sixth consecutive hold, as announced ...
Interest rates are expected to be held at 5.25% for the sixth time in a row by the Bank of England on Thursday. The decision ...
The S&P 500 Index Thursday closed down -0.21%, the Dow Jones Industrials Index closed down -0.10%, and the Nasdaq 100 Index closed down -0.21%. US stock indexes gave up an early a ...
For more than a year, the central bank has expected slowing rent increases to show up in official housing measures. It’s ...
The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge ...
The naira stayed around a key support line in the country's unofficial market as analysts expect Nigeria’s apex bank to ...