The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
At the close of a two-day meeting that starts Tuesday, the Fed was expected to keep its key short-term interest rate ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...
FEDERAL Reserve chair Jerome Powell said the US central bank needs to be patient as it awaits more evidence that high ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
Its current size is about $7.3 trillion, with the Fed in May announcing plans to dial back how much its balance sheet shrinks ...
Singapore banks are expected to benefit as their margins are propped up by higher-for-longer interest rates, but headwinds ...