Oil prices fell for a fourth consecutive session on Thursday and settled at multi-month lows as the prospect of ...
The U.S. Federal Reserve released the minutes of the May 1st federal policy meeting on Wednesday. The minutes highlight that the members deliberated on the state of financial markets and economic ...
The Fed's goal of keeping rates high until inflation falls to 2% has significant implications for consumers, investors and ...
"The economy now seems to be evolving closer to what the Committee expected," Waller said, referring to the central bank's ...
Retail sales were unchanged, coming in well below economists' expectations, and follow a revised 0.6% pace in March, ...
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, ...
The US Fed policymakers expressed apprehensions over the rate-cut timeline as inflation remains above the US central bank's 2 ...
Oil prices eased for a fourth straight day on Thursday on worries that US borrowing costs could be hiked again if inflation ...
Consumer prices in the US rose less than expected in April, signaling a return to the downward inflation trend at the ...
Oil prices settled 1% lower on Tuesday as lingering U.S. inflation poised to keep interest rates higher for longer and likely ...
Brent still sticks to its $82 per barrel-mark. Lower interest rates reduce borrowing costs, freeing up funds that could boost ...
Brent crude futures last fell by $1.21, or 1.45 per cent, to $82.50 per barrel. Higher borrowing costs tie up funds in a blow ...