U.S. dollar gains as strong economic data could reduce rate cuts this year
Preliminary results of Japan's spring wage negotiations are due on Friday, with several of the country's biggest companies having already...
archiveinflation
Andrew Bailey hands Bank of England staff inflation-beating pay rise
Andrew Bailey has awarded an inflation-beating pay rise to Bank of England staff, despite repeatedly telling workers they should not...
Dollar set for sharpest weekly drop since mid-December ahead of U.S. payrolls
The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded...
Europe’s economy has stalled. But an interest rate cut will likely have to wait for summer
FRANKFURT, Germany (AP) — Inflation in Europe is way down from its painful double-digit peak, and the economy has stalled....
US dollar slips as Fed’s Powell says he still expects rate cuts this year
The euro was 0.28% higher against the dollar at $1.08865, its highest since February 2."Fed Chairman Powell's opening statement to...
Britain is living beyond its means – slashing investment won’t help
The UK is not the only G7 country living beyond its means, overwhelmed by a cacophony of competing grievances. France...
Dollar edges up versus euro ahead of ECB and U.S. data
The euro was 0.06% lower against the dollar at $1.08495. Most major currency pairs, however, traded in familiar ranges."The G10...
Interest rates will have to stay high for years, warns top central bank
Persistent inflation means central banks across the world will be forced to keep interest rates high for years to come...
U.S. economy grew solid 3.2% in fourth quarter, a slight downgrade from government’s initial estimate | News
WASHINGTON — The U.S. economy grew at a robust 3.2 percent annual pace from October through December, propelled by healthy...
Dollar dips as U.S. inflation reading meets expectations
U.S. prices picked up in January, but the annual increase in inflation was the smallest in nearly three years, keeping...
