Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates
Jerome Powell, chairman of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March ...
Tag: prices
Fed officials still expects rate cuts this year, but not anytime soon
Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the ...
Cocoa prices hit $10,000 per metric ton for the first time ever
Workers collect dry cocoa beans in front of the store of a cocoa cooperative in the village of Hermankono on ...
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
A pedestrian in the Lagos Island district of Lagos, Nigeria, on Monday, Nov. 14, 2022.Bloomberg | Bloomberg | Getty ImagesThe ...
Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head
U.S. commuters.Caroline Purser | The Image Bank | Getty ImagesThe recent influx of immigration into the U.S. is helping to ...
Fed raises GDP and inflation outlook, while keeping rate cut forecast
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary ...
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the ...
Reddit prices IPO at $34 per share in first major social media offering since 2019
In this photo illustration a Reddit logo is seen displayed on a smartphone.Mateusz Slodkowski | Sopa Images | Lightrocket | ...
CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas
Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles ...
Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations
Data shows that crypto-tracked futures suffered over $800 million losses, the second-largest figure this year. Longs, or bets on higher ...
