Jerome Powell Keeps June Interest-Rate Pause in Play
Fed chair says banking strains could mean rates don’t have to rise as much to tame inflation Source link
Central banking
Federal Reserve Raises Rates, Signals Potential Pause
Central bank officials remove earlier guidance that had pointed to further increases. Source link
New Zealand Economy Well Placed to Handle Surge in Rates, RBNZ Says
SYDNEY—New Zealand’s financial system is well placed to handle rising interest rates and uncertainty in the international financial system, the...
U.S. Job Openings Dropped in February
The number of job openings fell below 10 million for the first time in nearly two years, a sign that...
UBS Close to Deal to Buy Credit Suisse for Over $2 Billion
MarketsFinanceDeal is part of effort to prevent further erosion of confidence in banking system Source link
Top Fed Official Sees Inflation Decline as Notable Improvement
A top Federal Reserve official said the recent decline in inflation was an important development that could raise questions over...
Fed’s Barkin and George Say Inflation Fight Isn’t Over Despite Promising Signs
Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond...
Fed Official Sees Progress on Inflation, Says More Rate Rises Needed
The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to...
Bank of England Raises Rates by 0.5 Point, Slowing Pace of Tightening
WorldEuropeDecision follows a similar move by the Swiss National Bank on a busy day for Europe’s most influential central banks...
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Most officials penciled in plans to raise rates above 5% next year, higher than previously expected. Source link
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
EconomyU.S. EconomyPolicy makers have signaled plans to dial back the pace of interest-rate increases, while warning rates could rise to...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
Fed’s Evans Says Rates Will Need to Remain at Higher Levels
The Federal Reserve will need to hold interest rates high enough to slow the economy after it lifts them through...
Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
Fed’s Lael Brainard Warns on Inflation, Financial Stability Risks
A senior Federal Reserve official warned of the risks that additional inflationary shocks could lead the central bank to raise...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Fed’s Powell Affirms Need to Act Strongly to Fight Inflation
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it...
