Central banking

Here’s everything the Federal Reserve is expected to do Wednesday

(Follow our live coverage of the Fed rate decision today.) Update: The Federal Reserve on Wednesday enacted a quarter percentage point interest…

European Central Bank hikes rates despite market mayhem, pledges support if needed

The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…

U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says

U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…

OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger

OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook…

Something broke, but the Fed is still expected to go through with rate hikes

When the Federal Reserve starts to raise interest rates, it generally keeps doing so until something breaks, or so goes…

One of the best ways to figure out what the Fed will do next is to look at regional bank stocks

Markets have changed their mind — again — about what they think the Federal Reserve will do next week regarding…