Tag: monetary policy
U.S. CPI Increases 2.7% in November, Below Expectations
U.S. inflation increased by less than expected in November but remained above the Federal Reserve’s target, according to the first set of consumer price...
Waller Vows to Defend Fed Independence Ahead of Trump Meeting
Federal Reserve Governor Christopher Waller, who is among the leading candidates to succeed Fed Chair Jerome Powell next year, said he would firmly defend...
Fed Still Has Room for Further Rate Cuts, Says Waller
U.S. interest rates remain above their theoretical neutral level, while inflation is expected to continue easing in the months ahead, according to Federal Reserve...
UK Inflation Falls to 3.2% Ahead of Bank of England Decision
UK consumer price inflation fell more sharply than expected in November, easing to 3.2% from 3.6% in October, according to official data released on...
UK Unemployment Climbs to 5.1% in October, Highest Since Pandemic
The UK unemployment rate increased in October while wage growth slowed, according to data released on Tuesday, strengthening expectations that the Bank of England...
Kevin Warsh Emerges as Top Pick to Replace Powell as Hassett...
Kevin Warsh has emerged as the new frontrunner to replace Jerome Powell as Chair of the U.S. Federal Reserve, following growing resistance to Kevin...
Dollar Slides for Third Week as Markets Reassess Fed Outlook
The U.S. dollar was on course for its third consecutive weekly decline on Friday, weighed down by expectations of further interest rate cuts next...
Fed Delivers Third Rate Cut, Leaves Future Easing Outlook Steady
The Federal Reserve cut interest rates by 25 basis points on Wednesday, marking its third rate reduction this year. Despite the move, the Fed...
RBA Set to Hold Rates in December as Inflation Stays Stubborn
The Reserve Bank of Australia (RBA) is expected to keep interest rates unchanged at its December 9 policy meeting. Investors will be watching closely...
Japan’s BOJ Poised for December Rate Hike; Govt on Board
The Bank of Japan is expected to raise interest rates in December, and the government is likely to tolerate the move, according to three...
