The Fed kept its economic activity revisions unchanged while upgrading the Personal Consumption Expenditures (PCE) forecasts. The US economy is currently showcasing mixed signs with preliminary ...
U.S. consumer prices were unexpectedly unchanged in May as cheaper gasoline and other goods offset higher costs for rental ...
The Labour Department's closely watched employment report on Friday is also expected to show the unemployment rate remained ...
The US Dollar trades mixed on Wednesday, nearly flat against its most major peers. Traders are on edge over upcoming US CPI release for May and the Fed interest rate decision. The US Dollar index ...
In other words, if the primary (or noninterest) deficit were, on average, 2.1 percent of GDP lower every year for the next 30 years, the 2054 debt ratio would be the same level it is now. This ...
Bank of Montreal shares plunged on loan-loss concerns, prompting analysts at Scotiabank to respond that “the ‘higher-for-longer’ rate scenario is a reality.” It “appears to be impacting credit ...
2 May: ‘Higher-For-Longer’ Narrative Sinks Deeper Roots The US Federal Reserve has kept interest rates in a target range between 5.25% and 5.5% and signalled that borrowing costs are likely to ...
The Senate has increased the budget of the Niger Delta Development Agency by N44m. This addition moved the budget from N1,911 ...
Britain’s economy stagnated just a month after it was confirmed it exited recession, official figures show, in a blow to the ...
Nigel Farage has proposed a £40bn raid on banks to plug holes in the Government’s finances. The leader of the Reform UK party wants to cease interest payments to commercial banks on the ...
Japan spent a record US$62.2 billion in the past month to prop up the yen after it fell to a 34-year low against the dollar, ...
Penny Mordaunt, the Tory former Commons leader and Angela Rayner, Labour’s deputy leader are among those taking part in the ...