Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…
Key Fed inflation rate falls to lowest annual level in nearly 2 years
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely.…
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve…
CME Group CEO Terry Duffy: Manage your risk because everyone I’ve talked to got Fed ‘dead wrong’
It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO…
Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their…
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…
Here’s what to expect from the Federal Reserve meeting Wednesday
Despite an improving inflation picture, the Federal Reserve is expected on Wednesday to approve what would be the 11th interest…
The war against inflation is a long way away from being won
Don’t break out the party hats just yet: Despite recent signs that inflation is cooling, the fight to bring down…
Payrolls report Friday likely to show a jobs market that is still hot
The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…
Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show
Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…
