Fed's Bowman flags persistent inflation, expects price pressure to ease next yearFed Vice Chair Michelle Bowman flagged persistent US inflation but stopped short of calling for further rate hikes. She expects core PCE in...
Goldman Sachs forecasts additional Fed rate hike in March after hotter US inflation dataGoldman Sachs expects the US Federal Reserve to deliver an additional 25-basis-point rate hike in March after October inflation data came i...
India bonds slip as Treasury rout offsets oil slideIndian government bonds declined on Wednesday as a sharp rise in US Treasury yields, triggered by hotter-than-expected inflation and hawkis...
US treasury yields jump: What does it mean for mortgage rates?Higher interest rates can help rein in inflation, but they do so by making it more expensive for everyone to borrow money.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fearsUS stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and rais...
Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPIFederal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose ...
US Fed's Logan calls for two more rate hikes, possibly rapidlyDallas Fed President Lorie Logan said the central bank needs at least two more quarter-point rate increases to curb persistent inflation an...
Traders raise odds of 50 bps Fed rate hike as CPI rise exceeds expectationsNew data has revealed that US consumer prices rose faster than anticipated, prompting speculation about interest rate changes. Fed Governor...
CPI report today: What is current US Fed interest rate? Will inflation data force US Fed to go for interest rate hike?CPI data today: Inflation report is running well above the US central bank's 2 per cent target. The US-Israeli war with Iran has boosted oi...
US consumer prices rise above expectations in OctoberConsumer prices in the US experienced a larger-than-expected increase in October, affecting future Federal Reserve interest rates. The Cons...
Fed’s Barkin urges rate policy caution, Goolsbee warns of inflation concerns as AI risks loomRichmond Fed President Tom Barkin emphasized the need for caution in managing inflation and its policy risks. He mentioned that inflation c...
US dollar dips as easing AI and Mideast worries limit its appealAfter a six-month high, the US dollar is now on a downward trend, largely spurred by impressive job growth figures. Investors are eagerly a...
US dollar holds onto payrolls gains, NZ dollar rises after electionDollar index steadies at 102.20 after jumping about 0.7% Friday * Fed hike bets rekindled after receding amid AI stock selloff * NZ ballot ...
NY Fed's John Williams flags need to gather more information on inflation risks before rate decisionsFederal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investmen...
Federal Reserve rate hike bets strengthen as US jobs growth beats estimatesStronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs ...
Gold price prediction: Gold rate falls amidst big movement in oil price, inflation, check experts' opinionsGold rate on Friday took a hit after pivotal factors like oil prices and inflation have impact on the bullion.
Fed's Beth Hammack and Thomas Barkin favour gradual rate hikes as inflation stays highTwo officials from the Federal Reserve have supported modest and steady interest rate increases to combat high inflation. They believe thes...