Wall St falls as hot inflation data dents rate cut hopes
Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to ...
US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Traders Push Rate-Cut Odds to Fourth Quarter
Markets are pushing back expectations for interest-rate cuts to the fourth quarter of the year after a hotter-than-expected inflation report. Odds of a December rate cut now stand at 40.7% versus 37% ...
BoE's Greene seeks cautious approach to rate cuts, cites inflation pressure
Bank of England rate-setter Megan Greene said on Wednesday it was right to take a cautious and gradual approach to cutting ...
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
US inflation rose a higher-than-expected 3% in January, dashing hopes for interest rate cuts
US consumer prices came in hotter than expected in January as inflation showed few signs of weakening, dashing hopes for ...
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.