Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut
Federal Reserve Governor Christopher Waller on Wednesday suggested that interest rate cuts are ahead soon as long as there are…
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
Turkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a…
UK inflation holds steady at Bank of England’s 2% target, above expectations
U.K. inflation held steady at the Bank of England’s 2% target in June, Official National Statistics data showed Wednesday. The…
Trump says he would let Fed Chair Powell finish his term if he wins in November, Bloomberg reports
Donald Trump will allow Federal Reserve Chair Jerome Powell to complete his term at the central bank if he won…
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple…
IMF upgrades UK growth forecast in another boost to new Labour government
LONDON — The International Monetary Fund on Tuesday lifted its 2024 growth outlook for the U.K. to 0.7% from 0.5%,…
Traders see the odds of a Fed rate cut by September at 100%
Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…
