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 Federal Reserve System Government Bonds Interest Rates Labor and Jobs Labor Department (US) Russell 2,000 Stock Index Standard & Poor's 500-Stock Index United States Economy
Jobs Data Revives Wall Street’s Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.
Posted inBanking and Financial Institutions Federal Reserve System Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries
The Fed Is Looking for a Job Market Cool-Down. It Just Got One.
Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.
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.