Global shares are mixed as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates
Asian shares are mostly lower as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates
Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had sunk deep into a pandemic-induced recession
Asian shares are mixed after a late drop left major Wall Street indexes mostly lower
Stocks mostly rose in afternoon trading on Wall Street Monday as investors head into a holiday-shortened week with reassurance about leadership at the Federal Reserve
Markets have opened higher in Europe after a mixed day of trading in Asia
Two Senate Democrats said Friday they oppose the reappointment of Jerome Powell as chair of the Federal Reserve, as President Joe Biden is expected to announce within days who he will pick for the nation’s most powerful economic position
Turkey’s Central Bank has cut interest rates by 1 percentage point a day after President Recep Tayyip Erdogan spoke out against high borrowing rates