Powell says the Fed is ‘not far’ from the point of cutting interest rates
Federal Reserve Chair Jerome Powell on Thursday indicated that interest rate cuts may not be too far off if inflation…
Layoffs rise to the highest for any February since 2009, Challenger says
Layoff announcements in February hit their highest level for the month since the global financial crisis, according to outplacement firm…
European Central Bank hints at June rate cut as it trims inflation forecast
The European Central Bank on Thursday lowered its annual inflation forecast, as its confirmed a widely expected hold of interest…
Stock market bubble? Analysts explain why they’re not worried
Despite the heavy concentration of the U.S. market rally in expensive, AI-focused tech stocks, analysts say Wall Street is not…
Watch Fed Chair Jerome Powell testify live on Capitol Hill before House panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Powell reinforces position that the Fed is not ready to start cutting interest rates
Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but…
Egypt hikes interest rates by 600 basis points, pound crumbles to record low
Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600…
