Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
Fed leaves rate unchanged, points to stubborn inflation
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
US PCE inflation higher than expected in December
The Fed is in no hurry to cut rates. December’s PCE inflation reinforces that stance, with the headline rate ticking up to ...
Japan to loosen rules on rice reserves as prices soar
Japan is set to loosen the rules controlling the country’s tightly guarded rice reserve for the first time as domestic prices ...
Monetary policy is a sideshow now
Fiscal policy and monetary policy are always vying for top spot on the market’s list of concerns. For now, there is little to ...
Investors better hope inflation and intangibles never meet
And almost as expensive due to years of cash flowing in to escape the inflation in neighbouring countries such as Argentina. What’s nicer than an ocean-view apartment to preserve your wealth in real ...
ECB delivers quarter-point cut and little change in tone
ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per ...