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…
Private payrolls rose by 140,000 in February, less than expected, ADP reports
Private sector job growth improved during February though growth was slightly less than expected, payrolls processing firm ADP reported Wednesday.…
Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how…
Turkish annual inflation soars to 67% in February
Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…
