Fed’s Bowman ready to hike interest rates again if inflation disappoints Economics A rate-setter at the Fed raised the possibility that rates could be raised again if progress on defeating inflation was not maintained.
Fed holds interest rates for seventh consecutive meeting after ‘modest’ progress on inflation Economics At the turn of the year investors thought the cutting cycle would be well underway but now traders do not expect a cut until September.
US inflation comes in below expectations as prices remain flat in May Economics The figures come ahead of the US Federal Reserve's latest interest rate decision, due this evening.
US economy smashes forecasts again with blockbuster jobs report June 7, 2024 The figures will be closely scrutinised by policymakers at the US Federal Reserve ahead of its latest interest rate decision next week.
Relief as US inflation finally comes in below expectations May 15, 2024 Stubborn inflation at the start of the year has forced markets to reconsider when the Fed is likely to start cutting interest rates.
Fed leaves interest rates on hold again as worries about inflation resurface May 1, 2024 The widely anticipated decision means the federal funds rate remains at a 23-year high, standing in a range of 5.25 to 5.50 per cent.
Fed set to hold rates this week – but markets will look for clues on cuts April 28, 2024 The Fed is almost certain to leave rates on hold when it announces its decision on Wednesday, but markets will be paying close attention to the central bank's forward guidance.