Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings
Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate…
ECB chief economist warns markets against pricing in rate cuts within the next two years
European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the…
Markets are pricing in rate cuts too soon, IMF’s Gopinath says
Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…
Watch Fed Chair Jerome Powell speak live to Senate banking panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Bank of England surprises with 50 basis point rate hike to tackle persistent inflation
LONDON — The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its…
Watch Fed Chair Powell speak live on rate hikes and more to a House panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’
Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…
Bank of England’s conundrum deepens as inflation and labor market stay hot
LONDON — The Bank of England is “caught between a rock and a hard place” as it prepares for a…
Rate cuts, hikes and pauses: The world’s central banks just made very different decisions
From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last week struck very different tones…
Fed holds off on rate hike, but says two more are coming later this year
WASHINGTON — The Federal Reserve on Wednesday decided against what would have been an 11th consecutive interest rate increase as…
