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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 haven't slowed as much as many Federal Reserve officials had anticipated. That is casting ...
MARKET WRAPS Stocks: European stocks were sharply lower on Thursday as investors awaited the Bank of England interest rate decision. Most expect the BOE to raise rates by 25 basis points to 4.75%, but Wednesday's higher-than-expected inflat...
MARKET MOVEMENTS: -- Brent crude oil is down 1.8% to $75.76 a barrel. -- European benchmark gas is up 0.5% at EUR36.91 a megawatt hour. -- Gold futures are...
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...
MARKET WRAPS Watch For: Weekly Jobless Claims; Existing Home Sales Today's Headlines/Must Reads - Microsoft-Activision Deal Faces Test in FTC Hearing - SEC Seeks More Disclosure From Smaller Banks in Wake of Failures - Hopes Ris...