insert_link Business / Economics US consumer inflation falls ahead of Fed interest rate decision By Daniel AVIS Fresh US consumer inflation data published Wednesday is unlikely to sway the Federal Reserve's plans to leave its key lending rate unchanged, but could alter how many rate cuts policymakers pencil in for this year. The annual consumer price index (CPI) came in at 3.3 percent in May, down 0.1 percentage point from April, the Labor Department said in a statement -- […] todayJune 12, 2024 14
insert_link World US inflation rose unexpectedly last month US inflation rose unexpectedly last month, largely driven by a rise in gas prices. It's the latest data to suggest inflation remains a problem - at a time when the Federal Reserve is considering the possibility of interest rate cuts later this year. Nick Harper reports. todayMarch 15, 2024 14
insert_link World U.S. interest rates holding steady as central bank waits for consistent inflation The U.S. Federal Reserve decided to keep interest rates unchanged in their meetings this week– although the committee is hinting that they are likely to cut rates overall this year by 0.75%. Caroline Malone reports. todayFebruary 1, 2024 2
insert_link Business / Economics Ripples of 2023: FBS’s insight on the 2024 global financial outlook With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of transformation under the influence of the US economy, global and local military conflicts, and the sprawl of AI. As FBS experts further stress, the cautious stance […] todayDecember 19, 2023 4
insert_link World Fed leaves rates unchanged, signals cuts in 202 The US Federal Reserve has left interest rates unchanged, but signaled it plans to make three rate cuts next year. It follows an intense 21 months of rate hikes to try and get inflation under control. Nick Harper reports from Washington. todayDecember 14, 2023 10
World Asian markets drop as traders temper rate cut bets Stocks fell Tuesday, extending the sell-off seen on Wall Street, with analysts warning November's rally fuelled by bets on interest rate cuts may have gone too far, forcing traders to take a step back. Markets surged last month as data pointing to slowing inflation and softer job markets combined with a dovish turn by Federal Reserve officials to stoke expectations they will next year begin loosening monetary policy. Those hopes […] todayDecember 5, 2023 2
insert_link World Fed Chair warns fight against inflation not over Federal Reserve Chairman Jerome Powell has said the central bank could be done raising interest rates. Speaking in the US state of Georgia on Friday, Powell said inflation is easing but warned it's too early to declare victory. Sally Patterson has more. todayDecember 4, 2023 3
insert_link World Federal Reserve minutes in focus in shortened trading week Minutes from the Federal Reserve's last meeting will dominate attention in what is slated to be a quiet trading week on Wall Street. William Denselow reports from New York that markets will be closed for Thanksgiving on Thursday and traders will be hoping for positive news heading into the holiday. todayNovember 20, 2023 3
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
