Market players are starting to fear a major policy error from a central bank
A screen displays the Fed rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in...
Fed rate hikes won’t curb inflation if spending stays high, paper says
John C. Williams, president and chief executive officer of the Federal Reserve Bank of New York, Lael Brainard, vice chair of the Board of Governors...
We’re going to have one whopper of a recession in 2023
The U.S. economy is going to fall into a recession next year, according to Steve Hanke, a professor of applied economics at Johns Hopkins University,...
Treasury yields in focus as investors await Fed conference
U.S. Treasury yields were higher on Wednesday, as investors digested a fresh batch of economic data and Treasury auctions. The yield on the benchmark 10-year...
Wall Street analysts bet on another commodity rally before year-end
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange in London, U.K., on Monday, Feb. 28,...
European Central Bank’s action faces stiff test as recession nears
President of the European Central Bank (ECB) Christine Lagarde speaks during a news conference following the ECB’s monetary policy meeting, in Frankfurt, Germany, July 21,...
Yellen says price cap on Russian oil can help address inflation
BALI, Indonesia — A cap on Russian oil prices will be crucial to help bring down inflation as U.S. consumer inflation soared to a 40-year...
Euro continues to slide toward dollar parity — and could fall even further
A financial trader monitors data as a television shows euro currency banknotes at the Frankfurt Stock Exchange in Germany. Martin Leissl | Bloomberg | Getty...
Inflation is ‘just too high and doesn’t seem to be coming down’: Fed’s Waller backs big interest-rate hikes
Federal Reserve Gov. Christopher Waller on Thursday said he backs big increases in a key U.S. interest rate over the next several months to drive...
‘More restrictive’ policy likely if inflation fails to come down
Federal Reserve officials in June emphasized the need to fight inflation even if it meant slowing an economy that already appears on the brink of...