The U.S. State Department official on Monday called for more hike in oil production,...
No More Expectations for Fed’s Rate Cuts in 2023
During last week, the terminal rate for the U.S. Federal Reserve’s policy rates topped...
BofA Expects Fed to Raise Rates to 6% as US Economy Dipping into Recession in 3Q23
The U.S. Federal Reserve may attempt to increase its policy rate above market’s consensus...
US PCE Comes Hotter Than Expected, Dow Jones Fall 480pts in Concerns of Rate Hikes
Key indicators for the Federal Reserve to gauge inflation increased more than expected in...
JPMorgan’s CEO Says Fed Loses Slight Ground against Inflation
JPMorgan Chase CEO Jamie Dimon said that the U.S. Fed lost a little bit...
Fed Minutes Show Members Committ to Rate Hikes to Battle Inflation
Meeting minutes released Wednesday showed that Federal Reserve officials suggested that inflation is coming...