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The US economy will slow this year as intended and is expected to avoid a downturn, but the Fed will have to raise borrowing...
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The US economy will slow this year as intended and is expected to avoid a downturn, but the Fed will have to raise borrowing...
Federal Reserve Chair Jerome Powell downplayed the idea that government pandemic aid was the key factor fueling US inflation.
Turkey’s central bank on Thursday bucked global trends once again and kept its benchmark interest rate stable despite one of the highest levels of...
The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Jerome Powell said,
he Fed remains hopeful it can slow activity and demand, cooling the blistering pace of inflation, without derailing the world's largest economy.
The Bank of England on Thursday hiked its main interest rate for a fifth straight time.
US Fed announced the interest rate hike raising the benchmark borrowing rate by 0.75 percentage points.
European Central Bank policymakers called an emergency meeting on Wednesday, as more indebted eurozone states have come under pressure from rising borrowing costs. A...
The US Federal Reserve is poised to raise borrowing costs Wednesday amid the troubling acceleration of inflation.
Jerome Powell has signaled that policymakers were poised to implement another half-point increase in the benchmark borrowing rate.