Finance

Fed raises GDP and inflation outlook, while keeping rate cut forecast

Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth. The Federal…

Fed holds rates steady and maintains three cuts coming sometime this year

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…

Bank of England set to hold rates, but falling inflation brings cuts into view

LONDON — The Bank of England is widely expected to keep interest rates unchanged at 5.25% on Thursday, but economists…

EU-China trade relations are in a ‘slow-motion train accident,’ business group says

BEIJING — Trade tensions between Europe and Beijing will likely escalate due to China’s growing ability to manufacture more cheaply…

Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday

The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…

Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion

LONDON — The boss of digital asset management firm Grayscale, which manages the $26 billion exchange-traded fund GBTC, has said…