Powell says Fed doesn’t need to be in a hurry to lower rates
Fed officials want downward pressure on the economy to ensure inflation cools to 2 per cent target. Read more at straitstimes ...
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ECB to look past Trump risk and push on with rate cuts
Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against ...
Analysis-US stock market confronts risks as investors grapple with tech, Fed outlook
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the ...
Why are mortgage rates still so high? There’s something more important than Fed policy at work
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
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Fed holds interest rate steady
The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Sensex gains 139 pts; European mkt opens higher
IST, the barometer index, the S&P BSE Sensex, rallied 139 points or 0.18% to 76,671.96. The Nifty 50 index added 57.60 points or 0.25% to 23,220.70.