Inflationary pressures are slowing further in the Czech Republic, but it
/PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's
The Fed released the minutes from its March meeting.
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite yet another print showing that consumer prices remain sticky.
The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.
Swift and Healy’s breakup weighs heavy on The Tortured Poets Department
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe governor of the Bank of England, Andrew Bailey, has shrugged off a smaller-than-expected drop in inflation last month, saying he expected a sharp fall towards the government’s 2% target next month.Speaking in Washington after news that the government’s preferred measure of the cost of living had eased to 3.2% in...
The latest inflation figures reflect a long-term downward trend in consumer prices.
By Laura He, CNN Hong Kong (CNN) — Gold prices rose while Asian stocks mostly fell on Monday, as rising geopolitical tensions in the Middle East spurred demand for safe haven investments after Iran launched an unprecedented attack on Israel. Japan’s Nikkei 225 and South Korea’s Kospi both fell more than 1% in morning trade. Hong
The WSJ reported that regulators are studying whether Morgan Stanley has been adequately investigating prospective client identities and the sources of their
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates. “Recent data have clearly not given us greater confidence” that inflation is coming fully under control and "instead indicate that it’s likely to take longer than expected to achieve that confidence,” Powell said during a panel discussion. “If higher inflation does persist,” he said, “we can...
NEW YORK (AP) — Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact of higher interest rates. But the results beat analysts’ esti