The latest Fed policy statement was announced late on May 01, 2024 after a month of persistent inflation surprises. Firstly, there was the consumer inflation in the US announced in the middle of April ...
Jerome Powell-led rate-setting panel kept interest rates steady at a 23-year high for the sixth straight meeting. The central ...
Across the pond, the S&P 500 ( ^GSPC) rose roughly 0.4%, while the Dow Jones Industrial Average ( ^DJI) gained 0.5%. The tech ...
The gains in recent months owe in part to the poor performance last year, since investors already responded to the grim ...
Rolling coverage of the latest economic and financial news ...
Gazprom, which is largely owned by the Kremlin, slumped to a loss of £5.5bn last year in a blow to Vladimir Putin's war ...
Iceland has dropped its famous "That's why mums go to Iceland" tagline as part of a drive to be more inclusive. Read this ...
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However, with inflation now at its lowest level since September 2021, but still some way above the Bank of England's 2% ...
Tensions between Israel and Iran have sent shockwaves through global markets, triggering a wave of uncertainty and volatility ...
As the actress said to the bishop, it’s all about stimulus. And Chrystia is one stimulative human. Just take a look at the ...