A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".
When the Fed starts cutting interest rates, retirees could see lower yields on fixed-income assets. Social Security’s finances could be impacted, too.
High interest rates have created strong headwinds for the global energy transition, according to a new report by Wood Mackenzie.
The consumer-price index, driven by fuel and housing costs, rose 0.4% from February, higher than the 0.3% expectedGlobal financial markets have scaled back expectations for an imminent cut in interest rates on both sides of the Atlantic after figures showed US inflation rose by more than expected in March.Figures from the US Department of Labor show a jump in fuel and housing rental costs drove up the consumer price index (CPI) to 3.5% in March compared with a year earlier, higher than expected...
Jamie Dimon, the boss of JPMorgan Chase, said rates could climb due to
Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.
Federal Reserve Vice Chair Philip Jefferson suggested Tuesday that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation. In a speech, Jefferson said he expects inflation to continue to slow this year. But he omitted a reference to the likelihood of future rate […]
Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.
Inflation’s up again in the U.S. while the EU is edging closer to its target. That brings the ECB to a bit of a fork in the road.
SAN JUAN, Puerto Rico (AP) — A Maryland man accused of trying to defraud 28 federal bankruptcy courts out of more than $1.8 million in unclaimed funds has been indicted by a federal grand jury in Puerto Rico. The U.S. Attorney’s Office said Tuesday that the alleged scheme targeted courts from Alabama to Wisconsin and
A Maryland man accused of trying to defraud 28 federal bankruptcy courts out of more than $1.8 million in unclaimed funds has been indicted by a federal grand jury in Puerto Rico
Havana, Apr 13 (Prensa Latina) U.S. taxpayers' money will be used to finance another initiative of media terrorism against Cuba, under the name of Accelerate Fund for Independent Media and Content Creators, digital platforms denounced here. The post Terrorism against Cuba with more US funds first appeared on Prensa Latina.