As universally expected, the Federal Open Market Committee (FOMC) left its target range for the federal funds rate unchanged at 4.25%-4.50% on Wednesday. With inflation remaining stubbornly above ...
The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
A rush on physical gold, thanks to President Donald Trump’s tariff threats, has fueled a rise in prices of the precious metal to fresh record highs.
As we keep an eye on the macro landscape, the pivotal U.S. core PCE — the Fed’s go-to measure for inflation — is set to be released. Expectations are for a hot headline figure, with core reading, ...
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
Saturday could be the best indication so far, when Trump has promised to slap neighbours Canada and Mexico with 25% levies ...
Dowlais shares are down about 25% over the past 12 months, as it was caught up in a broader downturn in the car industry.