Why Trump’s return could spark another bout of inflation and delay interest rate cuts
Treasury yields — or market interest rates — spiked, while the dollar has rallied against major currencies, partly as traders ...
Billionaire investor Stanley Druckenmiller says the Fed may have declared victory on inflation too early
"I'm a little worried that the Fed has declared victory too early," the billionaire investor said on a Norges Bank podcast.
Restaurants, other services still in grip of high inflation even as overall rate slows
While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high.
Asian stocks climb on Wall Street's lead; dollar sags after Fed cut
Asian stocks rose broadly on Friday, tracking Wall Street's overnight rise to record highs, as investors digested the Federal ...
Trump has threatened to fire the chair of the US Federal Reserve. That could be bad news for inflation
Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we ...
The Associated Press - Business News on MSN2d
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...
Can Donald Trump Fire Fed Chair Jerome Powell Before His Term Ends? Explained
Federal Reserve Chairman Jerome Powell on Thursday said that he will not step down even if President-elect Donald Trump asks ...