Fed Keeps Rates Steady As Interest Cut Dreams Slip Away
The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate as inflation continues to remain elevated. The Fed’s decision not to change rates keeps…
The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate as inflation continues to remain elevated. The Fed’s decision not to change rates keeps…
WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the nation’s political environment ahead of…
TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were gradually passing on rising labour…
(Reuters) – Wireless tower operator Crown Castle beat Wall Street estimates for annual site rental revenue on Wednesday, driven by steady demand for its communications infrastructure. Shares of the Houston,…
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate stood at 2.9% in October-December, unchanged from the previous three-month period, the government said on Thursday, adding the labour market…
SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate held steady as fewer people went looking for work. Figures…
By Kantaro Komiya TOKYO (Reuters) – Japan’s consumer inflation rate likely decelerated in December for a second month in a row to hit the lowest in 1-1/2 years, thanks to…
TOKYO (Reuters) – Japan’s business-to-business service inflation was steady at 2.3% in November, data showed on Tuesday, suggesting companies were gradually passing on rising labour costs amid prospects for sustained…
(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount stores. Consumers grappling with high…
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with inflation forecast to start…
(Reuters) – Traders on Thursday maintained bets the Federal Reserve will hold interest rates steady for three more meetings before starting to cut interest rates, after a government report showed…
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economy grew by 2.54% in the third quarter, largely steady from the 2.51% in the second quarter, data showed on Friday, as the oil…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. business activity held steady in November, but employment in the private sector declined for the first time in almost three-and-a-half years, consistent with…
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank kept its policy rate on hold at 4.00% on Thursday and said it was ready to hike again if inflation proved stubborn,…
By Kevin Yao BEIJING (Reuters) – Chinese government advisers will recommend economic growth targets for next year ranging from 4.5% to 5.5% to an annual policymakers’ meeting, as Beijing seeks…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s latest interest rate decision will be the main focus…
MEXICO CITY (Reuters) -The Bank of Mexico held its benchmark interest at 11.25% on Thursday as expected, underscoring it will likely maintain the reference rate at its current level for…
WASHINGTON, D.C. — American holiday spending predictions hold steady at $923, mirroring last year’s estimates. Gallup’s recent survey indicates Americans expect to spend an average of $923 on holiday gifts,…
(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well as strong demand for its…
(Reuters) – TE Connectivity beat Wall Street expectations for fourth-quarter profit on Wednesday as demand for its sensor technology was buoyed by steady sales of electric vehicles (EVs) across the…
(Reuters) – Caesars Entertainment beat third-quarter profit estimates on Tuesday, as steady demand in Las Vegas casinos helped boost revenue. Discretionary consumer spending has been shifting away from goods and…
By Mehr Bedi (Reuters) – Planemakers are betting on steady demand for business jets as the world’s largest corporate aircraft show kicks off on Tuesday, but analysts are turning cautious…
By Shivansh Tiwary (Reuters) – Global demand for new business jets is expected to stay strong over the next decade, Honeywell said on Sunday, as the engine maker projected deliveries…
(Reuters) -The Reserve Bank of India’s key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, but signalled it would keep liquidity tight…
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on Friday but the recent uptick…