Fed Holds Rates Steady but Expects More Increases
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
Washington, DC CNN — Spending at US retailers fell in March as consumers pulled back after the banking crisis fueled...
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CNN — While China and Russia have strengthened ties since the Kremlin’s brutal invasion of Ukraine, the US has not...
Minneapolis CNN — The US labor market has kept trucking right along even as other areas of the economy have...
New York CNN — Millions of jobs could be on the chopping block this year, as the Federal Reserve continues...
Minneapolis CNN — The Federal Reserve’s preferred inflation gauge cooled back down in February after ticking up unexpectedly the month...
Atlanta/Hong Kong CNN — Britain has reached an agreement to join a major trans-Pacific partnership, calling it its biggest trade...
Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes...
Editor’s Note: This is excerpted from a story that originally ran on March 22, 2023. New York CNN — Banking...
CNN — Markets seesawed severely this week when two of the US economy’s most prominent leaders gave seemingly contradictory statements...
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Hong Kong/London CNN — European and Asian markets were mixed during Thursday trade as investors digested the decision by the...
London CNN — Switzerland’s banking crisis has been halted, the country’s central bank said Thursday as it hiked interest rates...
Editor’s Note: This is an updated version of a story that originally ran on February 1, 2023. New York CNN...
London CNN — On March 10, the biggest failure of a US bank since the global financial crisis was playing...
London CNN — The US Federal Reserve and several other major central banks announced a coordinated effort Sunday night to...
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Hong Kong CNN — China’s central bank has made a surprise cut to the amount of money that banks must...
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