Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at…
Tag: Central banking
Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising…
The end of the ‘carry trade’? How Japan’s yen could be ripping through U.S. stocks
A man walks past an electronic quotation board displaying the exchange rate for the Japanese yen…
Bank of England cuts interest rates for first time in over four years: Live updates
Blurred buses pass the Bank of England in the City of London on 7th February 2024…
The Federal Reserve sets the stage for a rate cut — here’s what that means for your money
Customer shopping for school supplies with employee restocking shelves, Target store, Queens, New York. Lindsey Nicholson…
Fed holds rates steady and notes progress on inflation
WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation…
Euro zone inflation rises to 2.6% in July, above expectations
People shopping at the downtown market, Cour Lafayette, in Toulon, on July 27, 2024. Magali Cohen…
Japan confirms $36.8 billion currency intervention as weak yen pushes BOJ to hike interest rates
New Japanese 1000 Yen banknote on display inside the Currency Museum of the Bank of Japan’s…
Banks get bullish on the British pound despite the possibility of an imminent snapback
LONDON — With sterling as one of the best performing major currencies so far this year,…
HSBC shares rise 3% after profit beat, $3 billion buyback announcement
Aaron P | Bauer-Griffin | GC Images | Getty Images LONDON — Europe’s largest lender HSBC…
Here’s everything you need to know about the Fed decision coming Wednesday
US Federal Reserve Chair Jerome Powell testifies before the Senate Banking, Housing, and Urban Affairs Hearings…
European Central Bank holds interest rates, says domestic price pressures ‘still high’
European Central Bank (ECB) president Christine Lagarde attends a press conference following the Governing Council’s monetary…
UK inflation holds steady at Bank of England’s 2% target, above expectations
Alexander Spatari | Moment | Getty Images U.K. inflation held steady at the Bank of England’s…
Bank of England holds rates in ‘finely balanced’ decision; traders up bets on August cut
General view of the Bank Of England building in London. Sopa Images | Lightrocket | Getty…