Two key Fed officials express support for keeping interest rates high
Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues. In…
Bank of England ends run of 14 straight interest rate hikes after cooler-than-expected inflation
LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data…
Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…
UK inflation dips to 6.7%, below expectations as food prices ease
U.K. inflation surprised with a dip to 6.7% in August, below expectations and sparking increased bets on a pause in…
Here’s everything the Fed is expected to do Wednesday
As often has been the case, this week’s Federal Reserve meeting will be less about what policymakers are doing now…
Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says
LONDON — The Bank of England’s rapid pace of bond sales is creating a “selling gold at the bottom” moment…
Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes
Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence…
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest…
