Speaking at a forum Tuesday, Neel Kashkari reinforced rate cuts this year seem unlikely despite predictions for them at the ...
Simply sign up to the US inflation myFT Digest -- delivered directly to your inbox. A top Federal Reserve official has called for interest rates to stay on hold for an “extended” time, saying lowering ...
Various participants mentioned a willingness to tighten policy further should risks to inflation materialize in a way that ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them. By Jeanna Smialek Investors do not expect ...
The market’s continued focus on information suggesting a shift toward a more accommodative monetary policy, paired with its tendency to overreact to any hint of such easing, spawns a self ...
Unless the real interest rate drops, companies that borrow to raise capital can expect to keep paying high rates for quite a ...
And more companies, over time, will have to borrow at higher rates as well, as their low-interest loans mature. “The longer we stay here, the more people can’t wait," Goldberg said.
The S&P 500 Index ($SPX) (SPY) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -1.49%, and the Nasdaq 100 Index ($IUXX) (QQQ ...
The Commerce Department’s measure of personal consumption expenditures prices is expected to show inflation in April running ...
Inflation spiked into double digits in Europe after Russia cut off most pipeline supplies of natural gas over its full-scale invasion of Ukraine.
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely. His ...