Just a few months ago, Wall Street was confident that May would mark the beginning of a barrage of interest rate cuts by the Federal Reserve. But a string of hotter-than-expected inflation reports ...
Fed Governor Waller said Tuesday he does not think further interest rate increases will be necessary. However, cuts are ...
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...
The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
"Fears of weaker demand led to selling as the prospect of a Fed rate cut became more distant," said analyst Toshitaka Tazawa ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Some ECB policymakers have warned there are limits to how much it can diverge from the Fed, which usually takes the lead on ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...
The Reserve Bank of Australia (RBA) published the Minutes of its May monetary policy meeting on Tuesday, highlighting that ...
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), declined to 2.7% on a yearly basis in April ...
Global equities slipped Tuesday as investors retreated to the sidelines ahead of results from artificial-intelligence bellwether Nvidia Corp. and a slew of speeches from Federal Reserve policymakers.