Why the Fed is waiting a bit longer to lower interest rates
An unexpected flare-up in US inflation last quarter is one reason officials want to see more data
An unexpected flare-up in US inflation last quarter is one reason officials want to see more data
Trump has warned Federal Reserve chief Jerome Powell not to cut interest rates before November’s election
Price growth in Irish economy continues to moderate in tandem with fall-off in energy costs internationally
Iseq All-Share index jumps 1.2 per cent, with home builders standing out among performers
Federal Reserve leaves rates unchanged after latest meeting
Interest rates attached to home loans are expected to fall over the coming months as ECB reduces headline rates
Poll respondents also raise their outlook for inflation
ECB chief economist Philip Lane brushes off fears that loosening euro-zone monetary policy before US Fed could backfire
Similar moves by the Swiss, Czech and Hungarian central banks demonstrate a willingness in Europe to diverge from US monetary policy
On Wednesday, the Federal Reserve signalled US interest rates were staying higher for longer, and the mood in Europe has shifted too, with implications for Irish mortgage holders
US central bank says there has been a ‘lack of further progress’ towards 2 per cent inflation goal
Past and present policymakers should ask more searching questions about the causes and impact of the price surge
An ECB interest rate cut soon would make sense, but the Fed faces a more difficult call in the US
While base case remains reduction in borrowing costs, options market shows a 20% probability of increase
Traders drastically lowered rate cut expectations as data shows 3.5% inflation hike in March against 3.4% expectation
Move has puzzled analysts with no obvious catalyst
However, governor Andrew Bailey has said Britain’s economy is “moving in the right direction” to start cutting rates
Forecasts come as US central bank holds interest rates at 23-year high
Unexpected increase set to be scrutinised by central bank as it weighs interest rate cuts
Comments by Fed chair Jay Powell come a day after ECB signalled possible movement in June
History has warned that the last stage of returning inflation to central bank targets is often the most difficult
Underwhelming US price data dampens speculation of early cut in interest rates
Middle-ground speculation is for ECB rate cuts to begin in June
Central bank drops previous assertion that a rate hike is still possible
Solid GDP and employment data mean officials can afford to wait until they are sure inflation is under control
December meeting minutes appear to pour cold water on prospect for cuts to start in March
An absence of major news has not stopped investors from ramping up bets on rapid-fire rate cuts next year
Joe Biden has been talking up his economic vision and achievements ahead of the 2024 election. Will voters be sufficiently convinced to return him to the White House?
US Treasury yields fall and stocks rise after central bank officials forecast 75bp worth of cuts next year
European Central Bank, Federal Reserve and Bank of England all set to meet to decide interest rates
US Fed, ECB and BoE meet this week as strong labour data suggests policy pivot unlikely
World’s biggest economy added 150,000 new roles last month as unemployment rate rises to 3.9 per cent
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