However, the Fed has said in no uncertain terms that inflation was not going away in a hurry. That means; the “higher for longer” approach to rates could continue for ... Secondly, the Fed also hinted ...
The Pound Sterling exhibits strength above 1.2500 as the Fed’s guidance on interest rates was slightly less hawkish than expected. Fed’s Chair Jerome Powell said he is still confident about a ...
Across the pond, the S&P 500 ( ^GSPC) rose roughly 0.4%, while the Dow Jones Industrial Average ( ^DJI) gained 0.5%. The tech ...
Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central ...
Shell surpassed market expectations with a $7.7bn (£6.1bn) profit in the first three months of the year and announced fresh ...