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Fed Chair Jerome Powell made clear Wednesday the central bank is close to done raising interest rates, but his colleagues delivered the message that resonated: Borrowing costs must remain higher for longer amid renewed strength in the economy.
(Bloomberg) -- The Federal Reserve and Bank of England left interest rates unchanged this week, while both left the door open to additional increases should inflation prove persistent.Most Read from BloombergChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseAI Fantasy Fades as Wall Street Reels From Real-World Rate JumpRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsWhy Can’t Americans Buy Cheap Chinese EVs?Treasuries Halt Fed-Fueled Rout as Stocks Struggl
Natural Gas price jumps higher above Friday's high as talks failed to reach an agreement in Australia, though is reversing course with the US session triggering
Natural Gas drops lower this Friday to find support and rebound a touch, though not enough to avoid a weekly loss. Stockpile numbers are dampening any hopes for
Around half of China's gas consumption is in provinces marked by the government as having high or medium Covid-19 risk, according to BloombergNEF.