Central banking

Bank of England warns that higher rates ‘have yet to come through’ to an already weak economy

LONDON — The Bank of England on Wednesday warned that although household finances are faring better than expected, higher borrowing…

Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen

Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it…

Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy

[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a…

Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease

Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…

Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024

With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…

Fed gave no indication of possible rate cuts at last meeting, minutes show

Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation…

Geopolitical instability and a packed election calendar have strategists wary of 2024

Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew…

Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation

Former St. Louis Fed President Jim Bullard says the Federal Reserve still has “a ways to go” in fighting inflation…

Powell says Fed is ‘not confident’ it has done enough to bring inflation down

Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…

Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy

[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a…