US Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a…
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The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing expectations for how tariffs might affect inflation, a…
[SINTRA, Portugal] The European Central Bank pledged on Monday (Jun 30) to react with equal vigour when inflation was too high as when it was too low, tweaking its overarching strategy…
The S&P 500 and the Nasdaq opened at record highs on Friday (Jun 27) as a benign inflation report supported hopes for a dovish policy outlook from the US Federal Reserve this…
prices fell on Friday, poised for a second consecutive weekly loss as a slight uptick in the dollar pressured bullion while markets awaited US inflation data for signals on…
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US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of tariffs on consumer prices. “The question is, who’s…
Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan’s economy, a summary of…
Officials see slower economic growth, higher inflation and rising unemployment, and hold divided views on the outlook for interest rates, according to their latest projections …
The close split at the US Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday (Jun 20) in the first public…
Local shares fell for a second consecutive session on Thursday (Jun 19), after US Federal Reserve chair Jerome Powell warned of “meaningful” inflation ahead, as consumers are expected to…
The Bangko Sentral ng Pilipinas reduced its overnight target reverse repurchase rate to 5.25% on Thursday The Philippine central bank lowered its key interest rate by a quarter…
The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned…
Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump…
GOLD prices rose on Thursday, as rising Middle East tensions boosted demand for safe-haven assets, while softer-than-expected US inflation data raised expectations of potential interest…
Inflation rose at a cooler-than-expected rate in May, contradicting the concerns of some economists who predicted a bigger rise in prices due to President Trump's economic policies. Source…
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns. Gold prices climbed on Wednesday after…
The S&P 500 and Nasdaq opened near record levels on Wednesday (Jun 11), as a cooler-than-expected inflation report calmed concerns around tariff-driven price pressures and fanned…
Businesses across the United States have for months warned that they would raise prices on their customers in response to President Trump’s tariffs. The latest data show that it is…
Asian markets edged up cautiously on Wednesday as investors were kept in check by some muted moves on the trade front. The latest meetings in London suggested a de-escalation of sorts as a…
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and fuelled some safe-haven buying, with investors…
There was the aroma of uncertainty lingering over trading desks on Tuesday. As gold crept up, investors struggled with the hope that diplomatic talks between the U.S. and China might bring…
Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying inflation approaches its 2 per cent target.…
EUROPE’S benchmark stock index ended little changed on Tuesday, as investors ceded ground under the dual pressure of softening economic indicators and persistent global trade anxieties.…
US Federal Reserve Bank of Atlanta president Raphael Bostic said he’s in no rush to move interest rates, adding he wants to see “a lot” more progress on inflation despite recent…