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,…
Amid fierce debates around abortion and challenges with access to healthcare, women in the United States face another battle: the increasing risk of death associated…
Major stock markets are set to end the week on a positive note as the rebound continued amid optimism over rate cuts. Technology shares, in…
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 BusinessThe Bank of Japan won’t be able to raise the policy rate again this year, given the market turmoil that followed its…
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 LinksNewsEconomyMinutes reveal officials reached 'clear consensus' on more rate cuts if inflation behavesPublished Aug 07, 2024 • 3 minute read You can save…
Breadcrumb Trail LinksPMN BusinessA barrage of euro-zone economic data this week will deliver crucial information for the European Central Bank as officials look for signals…
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…
China ratcheted up its effort to reinvigorate its economy on Thursday by cutting a key policy rate and interest paid on bank deposits. ADVERTISEMENTThe move…
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.…
Wage growth has fallen to its slowest pace for nearly two years as the job market continues to cool.Earnings grew at an annual pace of…
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…
This week, the European Central Bank (ECB) will decide on the interest rate, a decision critical for the European stock market and the Euro’s trend.…
Article contentA significant majority of Canadians do not anticipate improved affordability or increased housing sales as a result of the Bank of Canada’s June rate…
England's Euro 2024 semi-final against the Netherlands is under way and you can rate the players on both sides. Source link
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Canadian PressBob WeberPublished Jul 09, 2024 • 3 minute read You can save this article by registering for…
The United States Federal Reserve faces a cooling job market as well as persistently high prices, Chairman Jerome Powell has said in testimony to the…