News

Fed Divided in July on Inflation, Tariffs and Jobs

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import ...

Fed Officials Split Over How to Read Economic Signals

Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that ...

US Fed dissenters appeared alone in favouring rate cut at July meeting, minutes show

It was the first time since 1993 that more than one Fed governor dissented against a rate decision. Read more at straitstimes ...

South African rand little moved by domestic inflation data, investors await Fed cues

South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as ...

Business inflation expectations hold steady at +2.3% in August: Atlanta Fed

Businesses maintained their inflation expectations at +2.3%, on average, in August vs. July, according to an Atlanta Fed survey released on Wednesday. Sales levels and profit margins "compared to ...

There Is a 83% Chance the Federal Reserve Cuts Interest Rates in September. Doing So Would be Nearly Unprecedented.

After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...