investors look to Fed interest rate decision
U.S. Treasury yields dipped slightly on Wednesday, pulling the 10-year yield back from highs not seen in more than 15 years as investors awaited the...
Inflation is still squeezing budgets
Inflation ‘remains too high’ But in recent remarks, Federal Reserve Chair Jerome Powell said inflation “remains too high” despite those positive indicators, and warned that more interest rate...
S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions
A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images S&P Global on Monday cut credit ratings and...
Stock markets face a ‘perfect storm’ as high rates and China fears bite, analysts warn
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images...
Gold rises as dollar, yields slip after US jobs data
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer Pro Aurum. Sven Hoppe |...
Fed may be forced to defy market expectations and hike: Economist
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE),...
Global debt near record highs as the new monetary era triggers ‘crisis of adaptation’
HIROSHIMA, JAPAN – MAY 17: People walk beneath a banner promoting the Group of 7 (G7) summit at a shopping street on May 17, 2023...
Debt in advanced economies piles on to global challenges, says World Bank president
David Malpass, president of the World Bank Group in Washington, DC, on April 13, 2023 Bloomberg | Bloomberg | Getty Images Developed economies across the...
WHO declares end to Covid-19 global public health emergency
Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO), speaks during a news conference in Geneva, Switzerland, December 20, 2021. Denis Balibouse | Reuters...
Live updates: Fed decision May 2023
Fed statement changes line about ‘additional policy firming’ One major change in Wednesday’s Fed statement is the omission of a key phrase that in prior...