A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
High interest rates have created strong headwinds for the global energy transition, according to a new report by Wood Mackenzie.
Mortgage interest rates have fallen across a range of products in recent weeks
CNBC's Jim Cramer referred to these factors as "brown shoots" that are disrupting U.S. economic growth.
Compared to the Japanese yen, the dollar has strengthened by almost 16% this year. Japan and South Korea aren’t happy about the currency gap.
Analysts expect the headline rate of inflation for March to ease to 3.2 per cent from 3.4 per cent, when new figures are published this week.
Interest rate cuts are still “some way off”, the Bank of England’s chief economist has warned, as hopes for rapidly falling borrowing costs around the world fade.]]>
Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last monthThe prospects of a summer cut in UK interest rates have receded after the Bank of England’s chief economist said inflation must be squeezed out of the economy and cautioned against cutting too soon.After a key survey signalled strong sales across the private sector over the past month and the London stock market rose to a record high, Huw Pill said concerns remained that inflation, which is...
Inflation and hiring have been firmer than expected this year, weakening
Wind PPA prices continue to rise as ongoing inflationary pressures limit development and make some new projects unprofitable, according to LevelTen Energy.
Prologis trims its 2024 earnings guidance as high interest rates and geopolitical concerns lead to a slower pace of leasing. Q1 earnings match consensus, and NOI was hurt by one-time items.