Hike

& Copy Bloomberg. Patrick Harker, President and CEO, Federal Reserve Bank of Philadelphia, (Bloomberg) -- Philadelphia Federal Reserve Bank President Patrick Harker said the US central bank is close to the point where it can stop…

© Reuters. FILE PHOTO: Pump cranes work at sunset at an oil field in Midland, Texas, US August 22, 2018. REUTERS/Nick Oxford Written by Aarathy Somasekhar and Andrew Haley BEIJING (Reuters) - Oil prices rose on Thursday, reversing…

Investing.com - The US dollar rallied higher in early European trade on Tuesday, staying close to a two-month peak, as traders digested the prospect of a Fed rate hike as well as the passage of the US debt ceiling deal through…

breadcrumb links PMN Business Article author: Posted May 29, 2023 • 3 minutes to read Article content SINGAPORE - The dollar held firm on Monday supported by rising expectations of an interest rate hike by…

© Reuters. Investing.com - Gold prices fell on Monday, extending three weeks of losses as strong inflation readings boosted the dollar and raised expectations of an interest rate hike by the Federal Reserve, while fears of a U.S.…

© Reuters Investing.com - The US dollar fell in early European trade on Friday but was on track for its third straight weekly gain as expectations of a US interest rate hike grew. At 03:15 EST (07:15 GMT), the greenback, which…

AI imageHigher interest rates did not hit the consumer hard or bring inflation back to the target level, according to the personal consumption expenditures report for April today. Inflation rose 4.4% year-on-year in an acceleration from…

Investing.com - The US dollar made gains in early European trade on Tuesday, with risk sentiment slipping as the debt-ceiling impasse persisted and after hawkish comments from Federal Reserve officials. At 02:55 EST (06:55 GMT), the…

The key question today is not how far interest rates can be raised, but how big a rollover of what's already in the pipeIn the current tightening cycle, the delay in policy transfer may be at the higher end of the 1-2 year range. Today I…

breadcrumb links PMN Business Article author: Posted May 15, 2023 • One minute read Article content SYDNEY - A measure of Australian consumer sentiment fell in May after a surprise rate hike by the Reserve…