Fed sparks irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila ...
Tag: inflation
Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd ...
Fed holds rates steady, indicates three cuts coming in 2024
The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table ...
Here’s the inflation breakdown for November 2023 — in one chart
Kentaroo Tryman | Maskot | Getty ImagesInflation declined slightly last month on the back of weaker prices at the gasoline ...
RBI remains observant but delivers merry policy heading into the New Year
The Monetary Policy Committee (MPC), in a unanimous vote, has maintained a status quo on policy rates, the fifth in ...
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September ...
Small music venues fight to keep prices affordable as inflation eats into profits
Melis82 | Istock | Getty ImagesIt has never been easy for small or independent music venues to turn a profit. ...
Bad news for Black Friday: Retailers cast doubt on holiday shopping with cautious guidance
A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in ...
Fed gave no indication of possible rate cuts at last meeting, minutes show
Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation ...
Fed’s Mester wants ‘much more evidence’ that inflation has been defeated
Cleveland Federal Reserve President Loretta Mester said Thursday that this week's news showing lower levels of inflation isn't enough to ...
