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Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...
The ECB is widely expected to lower its main borrowing rate on Thursday to 2%, half what it was at its peak a year ago and less than half the Federal Reserve equivalent ...
Major U.S. stock indexes were headed mostly lower in Wednesday's final hour of trading after minutes of the Federal Reserve's May 6-7 meeting appeared to emphasize the risks of higher inflation. In an ...
Discover the key drivers behind the SA Top 40 Index’s recent surge and whether further gains could be on the horizon ...
Beijing and Washington agreed in mid-May in Geneva to pause triple-digit tariffs for 90 days. In addition, China also ...
Despite these concerns, Nvidia's stock has shown resilience, rising 2.5% to $ 134.55 in premarket trading ahead of the ...
PCE inflation data; first-quarter GDP update; Fed representatives speaking; consumer confidence; earnings from Nvidia, ...
U.S. PCE inflation is 2.1% in April, fueled by higher social benefits and wages. The data has led to the crypto market's ...
However, the Federal Reserve has adjusted its inflation targets ... readiness to intervene if jobless claims rise, coupled with insights from Fed presidents engaging with companies and CEOs ...
Trump Tells Powell Not Cutting Rates Is a Mistake in Oval Office Meeting By Michael Maloney ...
Economic analysis these days has the feel of every trailer you’ve seen where someone ominously proclaims that a storm is coming.
"With so many soft indicators pointing to a slump, modest confirmation of a slowdown from hard data should be enough to put [rate] cuts on the table," Standard Chartered's global head of G-10 FX ...