Powell's worries stem from the fact that an early rate cut could spark inflationary pressures, given that labor market trend and consumption data shows that the economy can handle higher rates for ...
It is likely to hold rates steady until it sees more progress on lowering inflation as it awaits more details on Trump plans.
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Treasuries fell across the curve on Tuesday, with money markets still fully pricing in one rate cut by the Fed this year.
Virgin initially said it would take 12 months to get regulatory approval for pet-friendly flights following a change in the Civil Aviation Safety Authority regulations. However approval is taking ...
US stock markets wobbled and gold hit fresh highs Tuesday as traders kept a nervous eye on US President Donald Trump’s next ...
Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...
Wall Street held relatively firm overnight following president Donald Trump's latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while.
All eyes now turn to U.S. CPI inflation data, where modest progress is expected and s signs of rate cut delay now may keep longer-term rates marching downward ...
Chrystia Freeland said that she will cut taxes on income and new housing, cap credit card interest rates, tackle rising grocery costs and build more child care spaces.
Iowa has the second highest and fastest growing cancer rate in the U.S. according to the Iowa Cancer Registry.
Rising interest rates have been a double-edged sword. While they’ve been tough on borrowers, savers have seen a significant ...