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WASHINGTON: The US Federal Reserve should keep interest rates at their current elevated levels for longer than previously expected due to disappointing recent inflation data, a senior bank official said on Monday (May 20). The Fed has raised interest rates to a 23-year high and held them there as it looks
Inflation data so far in 2024 "disappointing" - Fed's Barr
A look at the day ahead in U.S. and global markets from Mike Dolan World markets, heady on hopes for renewed U.S. disinflation and another attempt by China at shoring up its ailing housing sector, entered the new week on the front foot as attention swi...
The U.S. Federal Reserve is considering new rules to break the stigma around borrowing from the central bank's discount window to cover short-term cash needs, Fed vice chair for supervision...
Gold achieved another all-time high as silver surpassed highs not seen since 2013. The precious metals eased thereafter as Fed officials distance themselves from rate cuts