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World
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International
11/30/2022 9:37:38 PM
The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome Powell said Wednesday, as the US central bank's campaign to cool prices trickles through the world's largest economy.
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Business
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Economy
11/24/2022 2:45:53 PM
Stock markets mostly rose Thursday and the dollar largely weakened after minutes from the Federal Reserve's latest policy meeting suggested it could slow the pace of its rate hikes.
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Business
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Economy
11/24/2022 10:48:48 AM
A majority of US Federal Reserve policymakers found that a slower pace of interest rate hikes would "likely soon be appropriate," the central bank said Wednesday.
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Business
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Economy
11/23/2022 7:36:18 PM
European and US stocks made modest gains on Wednesday on news that major economies contracted in November and as traders looked ahead to Federal Reserve committee minutes.
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Business
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Markets & Companies
11/17/2022 10:31:15 PM
Stocks fell on Wall Street and Treasury yields rose Thursday afternoon after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control.
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Business
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Economy
11/3/2022 2:18:00 PM
Global stocks sank Thursday after the Federal Reserve added to recession fears by suggesting more U.S. rate hikes are likely to cool inflation.
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Business
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Economy
11/3/2022 11:00:21 AM
Asian markets sank Thursday after the Federal Reserve hiked interest rates and boss Jerome Powell suggested they would go higher than expected, blowing a hole in hopes for a more dovish pivot in its fight against inflation.
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Business
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Economy
11/3/2022 10:41:09 AM
The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections.
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Business
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Economy
11/2/2022 10:52:06 PM
The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom of key US midterm elections.
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Business
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Markets & Companies
11/2/2022 4:11:26 PM
Stocks are opening modestly lower on Wall Street ahead of what traders expect will be another big interest rate increase from the Federal Reserve.
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Business
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Markets & Companies
11/2/2022 10:36:42 AM
Asian stocks were mixed Wednesday following losses on Wall Street as forecast-beating US data jolted hopes the Federal Reserve could soon tone down its hawkish pace of interest rate hikes.
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Business
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Economy
11/1/2022 6:34:03 PM
US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike, a fourth straight steep increase as price pressures fail to ease quickly enough.
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Business
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International
10/13/2022 3:38:01 PM
Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying pressure on households, wiping out pay gains that many have received and ensuring that the Federal Reserve will keep raising interest rates aggressively.
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Business
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Economy
10/11/2022 7:50:00 PM
Global growth is expected to slow further next year, the IMF said Tuesday, downgrading its forecasts as countries grapple with the fallout from Russia's invasion of Ukraine, spiraling cost-of-living and economic downturns.
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Business
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Economy
10/10/2022 9:22:20 PM
A US trio including ex-Federal Reserve chief Ben Bernanke, who played a key role battling the 2008 financial crisis, won the economics Nobel on Monday for research on banks in times of turmoil.
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World
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Region
10/6/2022 11:56:34 AM
Global stock markets advanced Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices.
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World
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International
10/5/2022 11:19:04 AM
Asian investors joined their Wall Street and European counterparts in an equity buying spree Wednesday as more data pointing to weakness in the US economy further fanned hopes the Federal Reserve could temper its rate hike campaign.
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Business
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Markets & Companies
10/4/2022 4:38:09 PM
Global stocks rallied Tuesday and the dollar dipped as weak US data sparked hopes the Federal Reserve could ease its interest-rate hiking plans.
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Business
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Markets & Companies
9/23/2022 5:32:31 PM
Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central banks raise the pressure even more with additional interest rate hikes.
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World
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International
9/22/2022 3:35:48 PM
Britain's central bank has raised its key interest rate by another half-percentage point, avoiding more aggressive steps to tame inflation that the U.S. Federal Reserve and other banks have taken.
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