Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...
F ederal Reserve Chair Jerome Powell isn’t exactly known for his skill in calming the markets. For example, at a time when ...
Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest ...
The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
Oil prices dropped by more than $1 today, extending losses on the potential for lingering US inflation to keep interest rates ...
NZD/USD received support as RBNZ maintained the interest rate at 5.5% as inflation remained elevated. RBNZ is expected to ...
The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, spawns a self-perpetuating ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...