Federal Reserve cuts rates by half point and signals era of easing has begun
US central bank’s decision marks a milestone in its two-year fight against inflation
US central bank’s decision marks a milestone in its two-year fight against inflation
Challenge for the Federal Reserve chairman is oversee a soft landing for economy as presidential election looms
Fed and investor focus now turns to key data next week including the US government’s August employment report
Annual Fed symposium may confirm pivot to lower borrowing costs
Investors awaiting interest rate clues from Jackson Hole
An unexpected flare-up in US inflation last quarter is one reason officials want to see more data
Trump has warned Federal Reserve chief Jerome Powell not to cut interest rates before November’s election
Forecasts come as US central bank holds interest rates at 23-year high
US Fed, ECB and BoE meet this week as strong labour data suggests policy pivot unlikely
Stronger-than-expected data could complicate direction of monetary policy
Fed chair says US central bank intends to ‘hold policy at a restrictive level’ until price pressures abate
Smart Money: Borrowers can benefit from an eye to monetary policy trends when planning their finances
Officials think more tightening is needed amid tight labour market and ‘upside risks’ to inflation
Raphael Bostic said it was now time to ‘wait and let policy work’ after 5 percentage points rise since March 2022
Fed, ECB and other leaders say tight labour markets mean most aggressive tightening in a generation must continue
Bank of England raised rates by heftier-than-expected 50 basis points on Thursday
First reprieve since US central bank embarked on aggressive monetary tightening programme last year
Quarter-point uptick is 10th hike in little over a year
Market volatility has been three times greater during press conferences held by Powell than those held by his predecessors, Bernanke and Yellen
Federal Reserve’s hike-and-hope move risks credit crunch as banking crisis rattles markets
Banking sector jitters lead to calls for restraint but inflation still hasn’t gone away
Consumer prices rise as Fed weighs next move on rates after Silicon Valley Bank fallout
Fed chief Jerome Powell spooked investors last week, saying he was ‘prepared to increase the pace of rate hikes’
Goldman Sachs predicts central bank will pause its tightening later this month due to banking system stress
Planet Business: Toblerone leaves the Matterhorn behind, Elon Musk makes rare apology and why the only way is up, still, for interest rates
High-stakes testimony before Senate committee comes as central bank struggles to cool US economy
Stocktake: Analyst points to intraday gains on 12 days out of 13, which is rare and a feature of a bull market
Jay Powell said the ‘disinflationary process’ still has a ‘long way to go’ and was still in its early stages
Stocktake: Fed chairman has offered no real reassurance, but his tone has become a little less hawkish and scolding
The Federal Reserve expects interest rates to exceed 5% at the end of 2023, 75 basis points higher than market expectations
Debate rages over whether Federal Reserve will or should adopt a more dovish stance
Chairman Jerome Powell appears to share view that tough medicine necessary to properly see off inflation
Increase in consumer prices prompts Wall Street sell-off as investors bet on aggressive Fed response
Central bank chiefs want investors to realise it is serious about reining in inflation.
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