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The bigger-than-expected jump in on US wholesale prices signalled tariffs are pushing up inflation. Read more at straitstimes ...
The USD/JPY outlook indicates increasing expectations for Bank of Japan rate hikes after upbeat GDP data from Japan.
The Dow briefly surpassed the previous peak of 45,073.63 touched on December 4, helped by a 9.5% jump in UnitedHealth Group ...
Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
WASHINGTON -- The Federal Reserve on Wednesday raised its short-term borrowing rate another 0.25%, intensifying the central bank's fight against inflation despite concern that previous rate ...
Aug 14 (Reuters) - A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising ...
The Fed will either raise rates by three-quarters of a point for the third consecutive time, to 3%, or it will hike them by an unprecedented one full percentage point to 3.25%.
July's PPI inflation report heightened worries over tariff-fueled consumer inflation and raised questions about the Fed's ...
The Fed raised the benchmark interest rate by 0.75%, repeating the same hike it imposed at each of the last two meetings. Prior to this year, the Fed last matched a hike of this magnitude in 1994.
Hot PPI data halts the silver rally as inflation fears rise. Fed rate cut hopes fade, with traders eyeing Jackson Hole for ...
The Dow aims for a record high, buoyed by optimism around a September interest rate cut and increased investments in ...
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