The latest Fed policy statement was announced late on May 01, 2024 after a month of persistent inflation surprises. Firstly, there was the consumer inflation in the US announced in the middle of April ...
U.S. stocks finished mixed after the head of the Federal Reserve said the cuts to interest rates that Wall Street craves so ...
In other words, the stock market can get by without rate cuts if the economy keeps humming. Higher rates would throw a wrench ...
Options on Secured Overnight Financing Rate (SOFR) futures are showing a higher probability that the Federal Reserve could ...
The gains in recent months owe in part to the poor performance last year, since investors already responded to the grim ...
Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central ...
What if the worst in interest rates is yet to come? Until recently, the prevailing wisdom held that the Federal Reserve would start ...
Across the pond, the S&P 500 ( ^GSPC) rose roughly 0.4%, while the Dow Jones Industrial Average ( ^DJI) gained 0.5%. The tech ...
Federal Reserve Chair Jerome Powell spoke during a press conference on Wednesday following the Fed's two-day policy meeting.
Bank of England Governor Andrew Bailey has hammered home the message that the UK's inflation outlook is“rather different” to ...
(Bloomberg) -- Almost four decades after the Soviet Union collapsed, living standards in the countries that broke free from ...
Russian natural gas giant Gazprom plunged to a loss of 629 billion roubles (£5.5bn) last year as its sales to Europe more ...