The US Federal Reserve has once again kept its key interest rate unchanged, citing inflation concerns fueled by the Iran war and rising oil prices. Experts now anticipate no rate cuts for the remainder of the year.
The US Federal Reserve maintained its interest rates in the range of 3.50% to 3.75%, with only one committee member dissenting in favor of a rate cut. Dot Plot projections still point to one rate cut in 2026, while the Fed sees accelerating inflation and GDP growth.
German Chancellor Merz is scheduled to deliver a government statement, with investors closely watching the US Federal Reserve's interest rate outlook amid an oil price rally, and questions arising about Wolfram Weimer's reception in Leipzig.
German readers are questioning whether the Bundesbank should retrieve its gold reserves stored at the US Federal Reserve, fearing potential access by Donald Trump. An economist from the Kiel Institute for the World Economy advises against such a move.
Market expectations have dramatically shifted, with bets soaring that the US Federal Reserve will cut interest rates to 2% by 2027, reversing previous concerns about inflation and rate hikes.
As political pressure on the US Federal Reserve intensifies in Washington, the reverberations are rippling across the globe. Gregory Peters, co-chief investment officer of fixed income at PGIM, has noted that bringing political pressure to bear on the Fed is an “own goal” – a self-inflicted shock that erodes confidence and is unlikely to deliver lower borrowing costs for the US.
This reassessment – marked by quiet “sell America” trades – is beginning to surface.
The damage extends far beyond...
Wall Street experienced a downturn following the US Federal Reserve's interest rate decision and news of an attack on an Iranian gas plant. The Fed's statement highlighted the uncertain impact of Middle East events on the US economy.
The long-awaited return to the stage of K-pop sensation BTS is set to boost South Korea's tourism and consumer economy. Our regional correspondents report. But first: the war in Iran upends the spring travel season for airlines and passengers alike, and investors await the latest rate call from the US Federal Reserve.
The US Federal Reserve will hold a monetary policy meeting this week, with markets anticipating no interest rate cut amid inflation concerns and focusing on Chairman Powell's remarks. Investors are also looking forward to earnings reports from Micron and FedEx.
Alan Greenspan, the former head of the US Federal Reserve and a renowned central banker, celebrates his 100th birthday, with his words still carrying weight.
The US Federal Reserve's 'Beige Book' report indicates that economic uncertainty stemming from President Trump's tariffs is negatively impacting consumer confidence.
The Bank of Korea has adopted a new forward guidance strategy, aligning its communication with the US Federal Reserve's dot plot to provide clearer signals on future monetary policy.
The US Federal Reserve is reportedly moving to remove reputation risk as a factor in its bank reviews, potentially altering how financial institutions are assessed.
The director of the US Federal Reserve (FED), Jerome Powell, stated today that interest rates will remain unchanged in the range of 3.5 to 3.75 percent, pr
The German stock market, represented by the DAX, is expected to see slight gains as the energy market shows signs of easing. All attention is now focused on the upcoming interest rate decision by the US Federal Reserve.
The US President Donald Trump’s administration has asked a judge to reconsider his ruling that effectively blocked a criminal investigation into US Federal Reserve Chairman Jerome Powell, following an earlier ruling that found no evidence to justify the probe.
An article draws comparisons between Kevin Warsh and previous Federal Reserve chairs such as Powell, Yellen, and Bernanke, suggesting similarities in their potential approaches or influence.
Kraken's banking division has become the first cryptocurrency firm to obtain a payments account with the US Federal Reserve, marking a significant step for crypto integration into traditional finance.
The Bank of England is asserting its independence from the US Federal Reserve's monetary policy decisions, noting that the Fed's actions can have varied impacts on the UK economy.