By Noel Randewich and Ankika Biswas (Reuters) – Wall Street closed lower on Tuesday after evidence of a cooling economy exacerbated worries that the Federal Reserve’s campaign to rein in d[...]
Read more
April 5, 2023
Fed’s Mester says rate target will need to go over 5%
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Loretta Mester said on Tuesday that the U.S. central bank likely has more interest rate rises ahead amid signs the recent ban[...]
Read more
Dollar’s crown to slip as peers catch up in rates race: Reuters poll
By Hari Kishan BENGALURU (Reuters) – The U.S. dollar will weaken against most major currencies this year as the interest rate gap with its peers stops widening, putting the currency on the defen[...]
Read more