Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
admin Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat…
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Norway Central Bank Lifts Rate to 1.75%, Sees Next Hike in September
By Dominic Chopping Norway’s central bank raised its key policy rate to 1.75% from 1.25%…
Read MoreFederal Reserve officials back moving interest rates higher in order to slow the economy, minutes show
Federal Reserve officials in July agreed that it was necessary to move their benchmark interest…
Read MoreFed’s Barkin wants to keep hiking interest rates until there is a ‘sustained period’ of inflation under control
While the inflation data this week was certainly “welcome,” the Federal Reserve should continue to…
Read MoreInflation expectations fell sharply in July, New York Fed survey finds
Inflation expectations in July fell across all time horizons, according to a monthly survey by…
Read MoreGold prices steady as strong U.S. jobs data spurs bets on big Fed rate hike
Gold futures were steady on Monday as July’s jobs report cleared the way ahead for…
Read MoreU.S. stocks open higher as investors shrug off expectations for aggressive Fed rate hike
U.S. stocks opened higher Monday, as investors shrug off market expectations that the Federal Reserve…
Read MoreA red-hot July jobs number has traders penciling in another jumbo Fed rate hike
It’s a long time in market terms until late September, but Friday’s red-hot July jobs…
Read MoreDow trims decline seen after robust July jobs report reinforced Fed rate hike expectations
U.S. stocks trimmed sharp losses seen early Friday after a much stronger than expected reading…
Read MoreU.S. stock futures turn lower after much stronger-than-expected jobs report reinforces Fed rate hike expectations
U.S. stock-index futures turned lower Friday morning after a much stronger than expected reading on…
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