As expected, the FOMC announced on Wednesday that it would keep interest rates unchanged, a first since the beginning of 2022. However, the updated projections...
Disappointing news on inflation could persuade the Fed to raise interest rates again, giving ammunition to hawks who argue that there is still work to...
Less than two weeks after the second-largest bank failure in US history, Federal Reserve Chairman Jerome Powell made it clear that inflation remains the top...
The European Central Bank has gone ahead with a planned half-point rate hike but has stayed silent on what could follow amidst market turbulence that...
Exactly one year after launching its tight monetary policy campaign, the Federal Reserve faces a dilemma: continue its fight against inflation or reassure and stabilize...
Every increase in borrowing costs, including Thursday’s half-point move, advances Frankfurt officials’ fight against runaway inflation but also risks having a heavier economic impact. The...