Bill Ackman says the economy is starting to slow and the Fed is likely done hiking
Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the back of […]
Fed warned Goldman Sachs over risk and compliance oversight at fintech unit
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Two key Fed officials express support for keeping interest rates high
Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association for Business Economics’ Economic Policy Conference in […]
Trump bemoans high interest rates and indicates he might pressure Fed to lower
Former President Donald Trump speaks with the press at the Iowa Pork Producers booth during the 2023 Iowa State Fair at the […]
Fed Governor Waller agrees the central bank can ‘proceed carefully’ on interest rates
Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank some time […]
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over the last […]
European stocks higher after Fed chair signals more rate hikes possible
European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the […]
Philadelphia Fed President Patrick Harker suggests interest rate hikes are at an end
Patrick Harker at Jackson Hole, Wyoming David A. Grogan | CNBC Philadelphia Federal Reserve President Patrick Harker on Tuesday indicated that the […]
Fed set to hike rates to 22-year high today, experts give their views
Americans are braced for interest rates at their highest in 22 years as the Federal Reserve announces its decision Wednesday. Despite having […]
Awaiting the Fed: Traders cautious ahead of rate decision
European stocks were muted on Tuesday as traders geared up for earnings from some of the world’s biggest corporations and key central […]
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a […]
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point
With the Bank of Japan maintaining its ultra dovish stance of negative interest rates, the rate differentials between the U.S. and Japan’s […]