Burberry sales tumbled as the fashion brand revealed weaker demand from China and the US. Comparable sales in the Americas ...
Federal Reserve vice chair Philip Jefferson on Monday became the latest central bank official to call for holding interest ...
The forecast that price pressures will fall aligns with a 13% decline this month in sentiment among consumers, who fuel roughly 70% of economic growth.
U.S. stock indexes rose on Tuesday, on track for a fourth straight positive session fueled by renewed expectations that the Federal Reserve will cut interest rates this year ... Bank of New York ...
The S&P 500 and Dow Jones Industrial Average both clung onto gains to close higher on Tuesday, extending recent winning streaks fueled by renewed expectations that the Federal Reserve will cut ...
Meanwhile, the Reserve Bank of Australia on Tuesday kept the official cash rate unchanged at a 12-year high of 4.35%, as widely expected. Policymakers also projected inflation to align with the target ...
New York Fed President John Williams said the Fed "will cut rates eventually" during a fireside chat at Milken Institute's ...
Bank of New York President John Williams said the central bank will likely lower interest rates as its next policy action but ...
Neither New York Fed president John Williams nor Richmond Fed president Thomas Barkin raised the prospect of rate hikes while ...
Federal Reserve Bank of New York President John Williams said Monday that at some undefined point the U.S. central bank will ...
The US central bank, the Fed, has again kept interest rates high - at 5.25% to 5.5%. It comes despite the policymaker signaling in January that interest rate cuts were around the corner.
The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, postponing highly anticipated rate cuts as elevated inflation continues to burden U.S. households. The ...