A string of central bank meetings in recent days saw policymakers overlook economic risks from the Omicron strain in favour of damping price pressures that they had brushed off as temporary in the...
The Labour Department said on Friday that inflation accelerated at its fastest pace in November, since 1982, putting pressure on the economic recovery and raising the stakes for the Federal Reserve....
Investors retreated from US stocks on Friday, dumping shares held in large technology companies and sending the tech-heavy Nasdaq Composite Index sharply lower.
Investors have spent the past year learning to relax about the pandemic, lulled by abundant stimulus and expectations that vaccines would keep the virus in check. That sense of calm was shattered on...
Before Thanksgiving, the world will find out who wins the horse race between Jerome Powell and Lael Brainard to be the next Fed chair.
Fundamental indicates that Gold may outperform the S&P 500 Index in the coming months as the threat of stagflation becomes real.
After the US reported better-than-expected nonfarm payroll data last Friday, the country’s CPI data for October will be due this week. With the labour market recovery back on track and likely to meet...
The US Federal Reserve is expected to announce that it will begin winding down the bond-buying program put in place last year, at the end of its 2nd to 3rd November 2021 policy meeting. Investors...
Federal Reserve Chair, Jerome Powell, sounded a note of heightened concern over persistently high inflation as he emphasised that the central bank would begin tapering its bond purchases shortly...
China's third-quarter GDP fell dramatically to 4.9%, down from 7.9% the previous quarter. The slower-than-expected GDP growth is due to a variety of factors, including policymakers' decision to...
