Pound, euro, and gold surge as US dollar weakens on Fed rate cut expectations
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.…
Fed Chair Jerome Powell backs interest rate cut before inflation drops to 2%
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…
US Inflation Data to Bolster Case for Fed Interest-Rate Cut in September
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show the smallest back-to-back increases in underlying inflation since last summer, adding…
Jerome Powell suggests to Congress that Fed will hold on interest rates for now
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. He told the committee on…
Fed rate decision: Implications on the European stock markets
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Fed Signals One Rate Cut This Year, But Keeps Door Open to Two
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more…
Fed holds US interest rate steady in June warning of just one possible cut this year
The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains…
Fed Officials Dial Back Rate Forecasts, Signal Just One ’24 Cut
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Fed Dot Plot Is Set to Offer Glimpse of Rate-Cut Resolve
Breadcrumb Trail LinksPMN BusinessInvestors may glean more on the Federal Reserve’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates…
My boyfriend kept saying I wasn’t as attractive as other women – I was fed up & got revenge, now his family’s not happy
AN angry woman stood up for herself after her boyfriend insulted her appearance. She got her revenge after he repeatedly put her down during their…
Inflation improves a bit in April, but housing costs remain obstacle
WASHINGTON — Government data released Wednesday show that inflation eased a bit in April, but remains at a relatively high level. The latest report isn’t likely…
Fed up locals build giant screen to block tourists from looking at mountain views
Residents in Fujikawaguchiko have had enough of nuisance foreign tourists who flock to the town in order to marvel at its magnificent view of Mount…
US Fed keeps interest rates at 23-year high amid stubborn inflation | Inflation
US central bank keeps benchmark rate at 5.25-5.50% after series of economic reports undercut hopes of easing inflation. The US Federal Reserve has held interest…
Markets this week: Focus will be on Eurozone CPI and Fed Rate Decision
This week, the financial market will centre on the Eurozone's flash CPI data for insights into the ECB's rate path, while attention will also be…
Powell Is Poised to Keep Fed on Higher-for-Longer Path
Breadcrumb Trail LinksPMN BusinessJerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal…
I was fed up of pressure washing my patio to get rid of the dirt so I painted it for £18 & the transformation is amazing
IS your patio covered in black spots that you've wasted hours and a whole lot of money trying to remove? Well, one savvy woman named…
March Inflation Data to Prolong Drama Around Fed Rate-Cut Timing
Breadcrumb Trail LinksPMN BusinessA monthly report on consumer prices due Wednesday is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts,…
Glacial Inflation Slowdown Set to Back Fed Rate-Cut Caution
Breadcrumb Trail LinksPMN BusinessUS consumer-price data in the coming week, arriving on the heels of surprisingly strong jobs numbers, is projected to show a glacial…
When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated Press Christopher RugaberPublished Apr 06, 2024 • 5 minute read You can save this article by registering…
Live updates: ASX set to slide as Wall Street drops on Fed rate fears
Good morning, I hope you've enjoyed another short work week — if you got Easter Monday off.Federal Reserve officials have been busy giving speeches in…