The central bank left its key deposit rate at 3.75 percent as inflation in the eurozone is expected to fluctuate throughout the rest of the year.
Category: Interest Rates
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The Fed Under Trump 2.0
Donald Trump says he will not fire Jay Powell as chairman of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.
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U.K. Inflation Steady as Economists Puzzle Over ‘Taylor Swift Effects’
Consumer prices rose 2 percent in June from a year earlier, a bit higher than economists expected, with a big jump in hotel prices coinciding with a blockbuster series of concerts.
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U.K. Inflation Steady as Interest Rate Cuts Hang in the Balance
Consumer prices rose 2 percent in June from a year earlier, in line with the Bank of England’s target for the second month in a row.
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Trump-Vance Administration Could Herald New Era for Dollar
Both candidates on the Republican ticket have argued that the U.S. currency should be weaker to support American exports.
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Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing
Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.
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Fresh inflation data is expected to show continued cooling.
The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.
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Fresh Inflation Data Are Expected to Show Continued Cooling
The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.
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Market Bulls Cheer a Dovish Jay Powell
The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.
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Fed Chair Powell Welcomes Cooling Inflation
Jerome H. Powell, the chair of the Federal Reserve, delivered optimistic remarks to Senators as inflation and the job market slow gently.
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June Jobs Report May Hold Clues to Durability of Labor Market
The economy remains solid, but many analysts say that the labor market is in a sensitive place.
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What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack.