AS Prince Harry approaches his milestone 40th birthday, he appears to be grappling with a profound internal conflict.His decision to back his wife through ‘Megxit’…
Breadcrumb Trail LinksPMN BusinessUpcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for…
The British pound surged to its highest level against the US dollar given the Bank of England's less dovish stance compared to that of the…
Breadcrumb Trail LinksPMN BusinessBefore the trading day starts we bring you a digest of the key news and events that are likely to move markets.…
Breadcrumb Trail LinksPMN BusinessOfficials from three of the world’s major central banks on Friday signaled they are firmly on course to lower — or continue…
Federal Reserve Chairman Jerome Powell Friday indicated interest rate cuts are coming amid positive economic data on inflation dropping to an annual rate of 2.5%.…
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve, Jerome H. Powell, all but promised Friday…
James Bullard, the former president of the Federal Reserve Bank of St. Louis from 2008-2023 and a former member of the Federal Open Market Committee,…
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressChristopher RugaberPublished Aug 20, 2024 • 4 minute read You can save this article by registering for…
The euro surged to its highest level since January following cooler-than-expected inflation data from both the UK and the US. European stock markets are set…
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show another modest increase last month, reinforcing widespread expectations for a Federal…
Breadcrumb Trail LinksPMN BusinessUS inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a widely anticipated interest-rate cut…
Breadcrumb Trail LinksPMN BusinessBond traders are piling into bets that the US economy is on the verge of slowing so quickly that the Federal Reserve…
Lagos, Nigeria – Armed with a protest sign, 20-year-old Samuel Adeleke joined a crowd of angry Nigerians gathered in Ikeja, the heart of Nigeria’s commercial…
Fed Chair Jerome Powell said Wednesday the Fed decided to leave interest rates unchanged. He said during a press conference that Inflation has eased substantially…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials are on the verge of lowering borrowing costs within months, a move Chair Jerome Powell may signal in the…
The personal consumption expenditures price index rose on par with analysts' expectations, presenting signs of slowing inflation in the gauge favored by the Federal Reserve.…
Breadcrumb Trail LinksPMN BusinessThe runway toward a Federal Reserve interest-rate cut will come more into focus in the coming week amid fresh signs inflation is…
Both the euro and the British pound surged further against the US dollar, while gold prices hit a fresh high before pulling back on Wednesday.…
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. On Monday at the Economic…