The Federal Reserve signaled that it will keep interest rates higher for longer amid stubborn inflation, keeping borrowing ...
The Fed decision followed a report that inflation last month rose less than economists predicted and at the slowest pace since 2021.
The yield on 10-year US Treasury bonds spiked by 13 basis points to 4.42pc as the American economy added more jobs than ...
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 ...
Treasury yields are on the rise again, presenting a potential obstacle to a U.S. stock rally that has taken major indexes to record highs.
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 ...
The Pound Sterling (GBP) trades close to a two-month high slightly below the round-level figure of 1.2800 against the US ...
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 ...
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, ...