Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more ...
Tag: Central banking
Here’s everything the Fed is expected to do Wednesday
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting, at the ...
Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023.Henry ...
Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says
The latest jump in Treasury yields is not "death to equities," BofA Securities' Savita Subramanian told CNBC's "Fast Money" on ...
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve "didn't do their homework" and mischaracterized the spike in inflation that has plagued the U.S. economy over ...
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell ...
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest ...
China’s deflation could spill over into a global concern, economists say
SHENZHEN, CHINA - MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General ...
UBS ends Credit Suisse’s government and central bank protections
The logos of Swiss banks Credit Suisse and UBS on March 16, 2023 in Zurich, Switzerland.Arnd Wiegmann | Getty Images ...
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore's United Overseas Bank is expecting "some upside" in interest income in the next quarter, after the U.S. Federal Reserve ...
