US Fed holds rates steady, Powell to remain on its board | Business and Economy News
The United States Federal Reserve will hold interest rates steady at 3.5 to 3.75 percent as pressure on…
Interest rates expected to be held as uncertainty over impact of Iran war continues
Upheaval created by the war in Iran has pushed up the cost of mortgages for homeowners getting a…
Diesel price surge threatens jobs and household bills
Builders of housing subdivisions, roads and other major projects are looking to lay-off staff and pause construction in…
Inflation expectations are not as well anchored as they were before Covid
Tiff Macklem faced the press shortly after the decision, offering markets a clearer sense of the central bank’s…
UK Faces Recession Risk as Iran War Threatens Growth and Inflation
The UK risks finding itself on the brink of recession as a result of the Iran war, a…
Jerome Powell-led US Federal Reserve keeps interest rates unchanged; cites Middle East conflict uncertainty, rising energy prices
Jerome Powell (AP file photo) US Fed Federal Open Market Committee (FOMC) meet: Jerome Powell-led US Federal Reserve…
British steel industry on brink of renaissance after years of decline
The great British steel industry is on the brink of a renaissance after years of decline, manufacturers believe.…
Trump: It is a good time to cut rates
Minutes after the Fed kept rates unchanged and had 3 dissenters to having an easing bias and with…
GHC Capital Markets reveals how the rich ‘have moved away from traditional’ investing
Marcus Holden-Craufurd, the head of Investment Management at GHC Capital Markets, brings more than 25 years of experience…
Britons boost savings and cut pensions over Iran war inflation fears
Britons are building up rainy-day savings and cutting pension contributions as they brace for a new inflation shock…
Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs | Greg Jericho
With the release of the March inflation figures on Tuesday showing a big jump, the likelihood of a…
Africa’s richest country extends fuel tax cuts, forgoes over $1 billion to cushion Iran war impact
South Africa will extend its temporary fuel tax cuts for another two months, as the government moves to…