Bank of England Holds Interest Rates Steady, but Signals Cuts
A rate cut could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.
Posted inBanking and Financial Institutions Hiring and Promotion Immigration and Emigration Inflation (Economics) Labor and Jobs United States Economy Wages and Salaries
The Fed Is Eyeing the Job Market, but It’s Difficult to Read
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.
Posted inEconomic Conditions and Trends Inflation (Economics) Interest Rates International Trade and World Market Organization for Economic Cooperation and Development United States Economy
Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says
The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth.
Posted inFederal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Labor and Jobs Labor Department (US) Organization for Economic Cooperation and Development Powell, Jerome H Recession and Depression Stocks and Bonds
What Will It Take for the Fed to Lower Interest Rates?
Stubbornly high inflation has scrambled the central bank’s outlook. Wall Street is now shifting focus to Friday’s jobs report for clues on its next move.