U.S. Treasury Secretary Janet Yellen said Thursday that the federal emergency actions to protect...
Bank of England Raises Interest Rate by 25bps to Combat Rising Inflation of 10.4%
The Bank of England decided to raise its interest rates by a quarter percentage...
Market Expects Fed’s Rate Cut as Soon as June
The U.S. Federal Reserve decided to bring its Fed funds rate to the range...
Oil Prices Drop after Fed Rate Hike, OPEC Uncertainty
Oil prices dropped on Thursday in Asian trade, following the Fed's dovish economic signals,...
China Likely to Contribute 40% of Global Oil Demand Growth in 2023
Following the country’s reopening, China is anticipated to contribute for approximately 40% of the...
Fed Softens Tone on Rate Hikes after a Quarter Point Increase
The U.S. Federal Reserve came to a resolution on Wednesday to increase its interest...