Interest Rates
Fed Holds Rates at 3.75%-4% Days Before Midterms
The Federal Reserve kept its benchmark interest rate at a range of 3.75% to 4% on Wednesday, holding steady at its final policy meeting before next w…
UK inflation climbs to 3.5% as fuel prices drive September rise
U.K. consumer price inflation accelerated to 3.5% in the 12 months to September, the Office for National Statistics said on Wednesday, overshooting t…
Warsh Won’t Signal October Fed Move as Markets Price a Hold
Federal Reserve Chair Kevin Warsh used a Friday appearance at the IMF-World Bank annual meetings in Bangkok to refuse any steer on the central bank's…
Fed Minutes Show Most Officials Favor Another Rate Hike by Year End
Fed meeting minutes show most officials expect another rate hike by year end, but no timing is set; inflation readings and AI-driven demand shape the…
UK diesel hits 198.32p as Bailey warns on rates
UK diesel nears record 198.32p a litre as BoE governor Andrew Bailey warns high energy prices make it harder to hold rates; Morgan Stanley now sees h…
