Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central ...
However, the Fed has said in no uncertain terms that inflation was not going away in a hurry. That means; the “higher for longer” approach to rates could continue for ... Secondly, the Fed also hinted ...
The gains in recent months owe in part to the poor performance last year, since investors already responded to the grim ...
Across the pond, the S&P 500 ( ^GSPC) rose roughly 0.4%, while the Dow Jones Industrial Average ( ^DJI) gained 0.5%. The tech ...
Rolling coverage of the latest economic and financial news ...
Russian natural gas giant Gazprom plunged to a loss of 629 billion roubles (£5.5bn) last year as its sales to Europe more ...
Iceland has dropped its famous "That's why mums go to Iceland" tagline as part of a drive to be more inclusive. Read this ...
As the actress said to the bishop, it’s all about stimulus. And Chrystia is one stimulative human. Just take a look at the ...
However, with inflation now at its lowest level since September 2021, but still some way above the Bank of England's 2% ...
Tensions between Israel and Iran have sent shockwaves through global markets, triggering a wave of uncertainty and volatility ...