Markets
Powell’s Fed Legacy: Inflation, Soft Landing, and Independence
Jerome Powell's eight-year tenure as Fed chair saw the US economy transform from low inflation to a post-pandemic surge, a 'soft landing,'...
#Interest Rates 143 articles
Economy
Gold Drops as Inflation Fuels Rate Hike Bets, Dollar Strengthens
Gold is heading for a weekly decline, pressured by surging US inflation and expectations for higher interest rates. A stronger dollar and...
Finance
US 30-Year Mortgage Rate Eases to 6.36%, First Drop in Weeks
The average long-term U.S. mortgage rate for a 30-year fixed loan fell to 6.36% this week, marking its first decline after two...
Economy
Poland’s Wnorowski Flags Economic Risks Over Inflation Concerns
MPC member Henryk Wnorowski prioritizes safeguarding economic growth from geopolitical shocks over immediate inflation control, urging caution on interest rate hikes for...
Markets
Kevin Warsh Confirmed as Fed Chair Amid Inflationary Headwinds
Kevin Warsh has been confirmed as the next Federal Reserve Chair, stepping into a challenging economic environment marked by rising inflation and...
Markets
Taiwan Market Rally Faces Wednesday Pause After 675-Point Ascent
Taiwan's stock market, after gaining over 675 points in two sessions, is projected to stall on Wednesday as global market ambiguity and...
Investing
UK Borrowing Costs Climb on PM’s Leadership Uncertainty
UK government borrowing costs have risen sharply, with 10-year yields nearing 2008 crisis levels, driven by investor concerns over potential leadership changes...
Markets
Jakarta Composite Index Eyes Green Open Following Friday Rally
The Jakarta Composite Index closed higher on Friday, ending near the 7,550-point plateau, and is anticipated to open in the green on...
Economy
BoC Ready to Hike Rates if Energy Prices Fuel Broader Inflation
Bank of Canada Governor Tiff Macklem told MPs that interest rate hikes are possible if high energy prices lead to persistent, generalized...