Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Top economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer,…
Watch: IMF’s Georgieva and other leaders discuss debt relief and reforms on CNBC panel
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Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says
Inflation is “always going to be a risk” in the U.S. due to structural changes in the labor market, according…
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…
