Page 14 - Developments Around News Today

Powell Doesnt See Core Inflation Returning to Target Until 2025; Big Banks Fare Well in Fed Stress Tests By Michael Maloney Good day. The Federal Reserve is likely to keep lifting interest rates even though officials this month decided to slow the...

Europe May Need Higher Rates for Longer, IMF Official Says; Leaders of Major Central Banks to Talk Policy By Michael Maloney Good day. The European Central Bank might need to increase interest rates to 4% or higher and hold them there through 2025 ...

Stimulus Tools Rethink Urged as ECB Policy Forum Kicks Off; Lagarde Cannot Declare Inflation Victory Yet By Michael Maloney Good day. The worlds central banks should rethink the stimulus tools they use as the global economy enters a new era, acc...

Economies Chug Along Despite Rate Hikes; Asian Trade Woes Damp Inflation; Yellen Sees Bank Mergers By Michael Maloney Good day. The worlds central banks raced at an extraordinary pace over the past year to cool inflation, but it hasnt proved enou...

Further to Go With Rate Increases, Powell Tells Senators; Bank of Mexico Stays on Hold Again By James Christie Good day. U.S. inflation and economic activity havent slowed as much as many Federal Reserve officials had anticipated. That is casting ...

More Fed Rate Increases Likely in Coming Months, Powell Says; Goolsbee Uncertain About Rate Vote; Bank of England Raises Key Rate By James Christie Good day. Federal Reserve Chair Jerome Powell told lawmakers on Wednesday that more interest-rate in...

Central Bankers in a Tricky Spot; U.S. Auto Insurance Immune to Interest Rate Increases By James Christie Good day. Roughly a year into fighting high inflation, central bankers across affluent countries are some way from being able to declare victo...

Markets Shrug Off Feds Rate Signal; Lagarde Strikes Hawkish Tone; BOJ Keeps Ultralow Rates Unchanged By James Christie Good day. Federal Reserve Chair Jerome Powell on Wednesday said central bank officials havent decided whether to raise interest...

Fed Keeps Rates on Hold, China Cuts, ECB Expected to Raise; Beyoncé Effect Hits Sweden By James Christie Good day. The Federal Reserve kept interest rates unchanged yesterday, but holding the benchmark federal-funds rate in a range between 5% and 5...

U.S. Inflation Eases as Federal Reserve Rate Decision Looms; Rent Relief Arrives for Americans By James Christie Good day. Following the latest U.S. inflation reading, Federal Reserve officials could hold interest rates steady today and consider wh...