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 Nasdaq Composite closed at a record high, helped by an afternoon rally in Big Tech groups. The Federal Reserve’s top banking regulator said he expects regulators to revise a set of controversial ...