US labour market remains stuck in low-hire, low-fire state as inflation intensifies: FedThe Federal Reserve's latest Beige Book highlights persistent inflation pressures and a stagnant US labour market, with rising energy, tari...
- Global Market: Citi expects Fed to raise rates by 25 basis points in December after hot US inflation data
Citigroup now expects the US Federal Reserve to raise interest rates by 25 basis points in December following hotter-than-expected Septembe...
US Federal Reserve's Mary Daly sees more rate hikes ahead, but not necessarily in OctoberSan Francisco Federal Reserve President Mary Daly indicated that further adjustments to interest rates might be necessary to address inflat...
US stocks: Nasdaq ends sharply lower as hot inflation data stirs rate-hike worriesUS inflation data for September shows an unexpected rise due to increased gasoline costs and broader price pressures. As a result, the Nasd...
US Fed’s Bowman sees no urgency for another rate hikeMichelle Bowman, the Vice Chair for Supervision of the US Federal Reserve, spoke during the IMF-World Bank meetings in Bangkok. She stated ...
Best CD rates today, Oct. 14: 11-month or 12-month at 4.40% APY? What the Fed’s September hike means for your pickThe best short-term certificates of deposit (CDs) are offering yields of around 4% to 4.40% APY on Wednesday, October 14. Capital One is of...
US stocks: US market slides as hot CPI data fuels rate-hike bets; chips, banks weighWall Street's major indices took a hit as an inflation report outpaced forecasts, sparking heightened speculation about rate increases. Inv...
US yields jump as hot consumer inflation boosts rate hike betsIn September, the US Treasury yields climbed as the Consumer Price Index (CPI) showed a surprising rise of 0.6% month-over-month and 3.7% y...
Gold drops over 1% as hot US inflation data boosts Fed hike betsUS consumer prices increased in September, contributing to expectations of an interest rate hike by the Federal Reserve. Following this inf...
Dollar languishes as focus turns to CPI, Fed speakersThe dollar declined as traders awaited new information on the timing for interest rate increases. Investors reevaluated the recent rally fu...
NY Fed President Williams sees no need for a rate hike in 2027At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase...
Gold subdued with spotlight on US inflation dataGold prices have seen a slight retreat as investors brace for key US inflation figures that could sway interest rates. The robust US dollar...
Bitcoin price prediction: Why BTC USD can drop before a Fed rate hike and rally afterBitcoin price prediction: BTC USD fell ahead of the Fed’s rate hike but rebounded afterward. Here’s why interest rate expectations, investo...
Cleveland Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'Cleveland Fed President Beth Hammack has stressed the urgency of adopting a strict monetary policy as a response to mounting inflation that...
Fed's Waller: More hikes needed, but there is 'flexibility' about the paceUS Federal Reserve Governor Christopher Waller indicated that more rate hikes may be necessary to achieve the inflation target. He acknowle...
Fed minutes show some officials want to prepare for market stressFederal Reserve officials noted the importance of preparing for potential bond market stress and adjusting their balance sheet. They expres...
Goolsbee says steady jobs market keeps inflation as Fed priorityChicago Fed President Austan Goolsbee said recent jobs data indicated a steady US labour market, while persistent inflation remains the big...