Tag: Central banking
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Fed Chair Warsh expected to withhold ‘dot’ from central bank’s interest rate outlook
The central bank’s Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.
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Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%
In its statement, the RBA said that inflation was “still too high,” which warranted to keep the cash rate unchanged
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Warsh’s Fed is likely to hold rates steady — what the leadership change could mean for your money
The Federal Reserve’s June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.
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Energy prices take center stage as the ECB prepares to decide on rates
The ECB is expected to raise rates by 25 basis points as higher energy prices drive inflation and raise concerns about broader price pressures.
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Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.
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Asia-Pacific markets open lower on renewed Middle East tensions
Asia-Pacific markets open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.
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Japan’s Nikkei hits record high as Asia markets rise amid Middle East concerns
Asia-Pacific markets opened higher even amid concerns over volatile oil prices with the Strait of Hormuz remaining closed.
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