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Fed meeting: High interest rates probably aren t going away

The Federal Reserve will give an announcement on interest rates during its May meeting Wednesday. But inflation is still high, so don’t get your hopes up.

United statesJerome powellPreston caldwellMichelle bowmanMatt colyarGoldman sachsFederal reserveFed governor michelle bowman

NZD/USD drops to near 0 5950 ahead of Fed decision on Wednesday

NZD/USD drops to near 0 5950 ahead of Fed decision on Wednesday
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Al qahirahNew zealandUnited statesJerome powellMichelle bowmanNeel kashkariEconomic timesFed chair jerome powellFed governor michelle bowmanMinneapolis fed president neel kashkariFed interest rateReserve bankNew zealand dollar

Employee pay rose more than expected in sign of lasting inflation

US employee pay jumped more than expected in the first three months of this year yet another sign that inflation could stay higher for longer.

World bankDistrict of columbiaUnited statesNew yorkMichelle bowmanJerome powellJoe bidenNeel kashkariCommerce departmentFederal reserve bankMarket committeeSociety forum at stanford university onDow jonesFederal reserveLabor departmentFederal reserve chair jerome powell

ASX 200 LIVE: ASX to bounce as Middle East stand-off cools, China rates ahead

ASX to slip after Israel-Iran tensions fail to escalate. China widely expected to leave rates on hold. ECB says oil hike won’t delay cuts. Follow here for more.

United statesJakarta rayaSouth koreaRepublic ofNew yorkGaza stripNew south walesAndrew hobbsKyle roddaNeel kashkariMichael landsbergSri mulyani indrawatiJerome powellPeter tchirMax gokhmanRooney vera

Would the Fed really hike rates? This is what would have to happen

Further increases in the benchmark borrowing rate are making their way back into the public conversation.

United statesNew yorkEsther georgeNicholas colasPhilip jeffersonMichelle bowmanJohn williamsJerome powellFederal reserveGroup fedDatatrek researchMarket committeeYork fed president john williamsSemaphor world economy summitNew york fedChair jerome powell

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