US Fed’s favored inflation measure cools further in June
WASHINGTON: The US Federal Reserve’s favored inflation measure eased further in June, according to government data published Friday, in more ...
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Fed’s Williams expects rates to come down as inflation pressures ease
Federal Reserve President John Williams said on Tuesday interest rates will come down gradually over time, but he declined to ...
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Asian stocks struggle after tepid Wall St lead, euro dips further
HONG KONG: Asian markets mostly fell Monday following last week’s losses, with traders trying to assess the Federal Reserve’s plans ...
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Fed leaves rates unchanged, sees just one cut in 2024 despite inflation progress
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps ...
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Oil prices gain on expectations of OPEC+ extension to output cuts
LONDON: Oil prices rose on Wednesday on expectations that major producers will extend output cuts at a meeting on Sunday ...
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Progress in US inflation fight ‘has likely resumed’: Fed official
WASHINGTON: Progress in the US Federal Reserve’s fight against inflation “likely resumed” last month, a senior bank official said Tuesday, ...
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