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.
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 ...
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 ...
Britain’s economy stagnated just a month after it was confirmed it exited recession, official figures show, in a blow to the ...
The Senate has increased the budget of the Niger Delta Development Agency by N44m. This addition moved the budget from N1,911 ...
Rics senior economist Tarrant Parsons said: “The recent recovery across the UK housing market appears to have slipped into ...
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, ...