All eyes on Powell at Jackson Hole as markets look for US rate cut clues August 19, 2024 Global financial markets will be firmly focused on Jackson Hole in the Rocky Mountains later this week for hints on when the US' central bank may start lowering interest rates from a 23-year high.
Fed’s Powell: Commercial property stress may last years July 9, 2024 The weakness in the commercial property sector may last years, Federal Reserve chair Jerome Powell has warned.
US inflation comes in below expectations as prices remain flat in May June 12, 2024 The figures come ahead of the US Federal Reserve's latest interest rate decision, due this evening.
Relief as US inflation finally comes in below expectations May 15, 2024 Stubborn inflation at the start of the year has forced markets to reconsider when the Fed is likely to start cutting interest rates.
Why the Bank of England won’t cut rates – even if it wants to May 8, 2024 The Bank of England desperately wants to cut interest rates, but the caution of the Federal Reserve might mean they aren't able to.
Traders short sterling as bets on Bank of England rate cuts grow May 8, 2024 Currency traders have been building up short positions on the pound in the hope that the the the Bank of England (BoE) will cut the base rate before the US's Federal Reserve (Fed).
Why the Bank of England might be wary of cutting interest rates before the Fed April 18, 2024 The path for the Bank of England to cut interest rate cuts looks increasingly uncertain, particularly as the US Federal Reserve looks set to wait a while longer before loosening policy.
Traders expect fewer Bank of England interest rate cuts after US inflation surprise April 11, 2024 Markets think the Bank of England will cut interest rates just twice in 2024 reflecting concerns around the persistence of inflation.
Hot US inflation figures ‘pretty much kill’ hopes of a June interest rate cut April 10, 2024 The figures come amid a growing debate about the timing of the Fed's first interest rate cuts. Markets have steadily pushed back the timing of the first cut, reflecting stubborn inflation.
US inflation to attract attention as concerns grow over Fed interest rate cuts April 7, 2024 Markets will be hoping for stronger evidence that US inflation is falling to target when the latest figures are released on Wednesday.