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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 Fed's 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 haven't 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...