RBA to keep key rate at 12-year high as inflation stirs anew
AUSTRALIA’S central bank will likely keep its key interest rate at a 12-year high and stick with it for much ...
Tag: inflation
If inflation continues to build, the Fed won’t be able to maintain neutral stance for long
FEDERAL Reserve chairman Jerome Powell pulled off a pretty neat magic trick on Wednesday (May 1) – he somehow caused ...
Mastercard’s profit beats as consumer spending defies inflation worries
MASTERCARD reported first-quarter profit that exceeded Wall Street expectations on Wednesday (May 1), on higher card spending by consumers despite ...
US Federal Reserve leaves rates unchanged, flags ‘lack of further progress’ on inflation
THE US Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing ...
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
European shares closed lower on Tuesday (Apr 30) weighed by a bleak raft of earnings reports from the region’s top ...
Europe: Stocks eke out gains after German inflation data; Deutsche Bank drops
EUROPEAN shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while Deutsche Bank had its worst day in ...
Oil prices fall 1% on Israel-Hamas ceasefire talks, US inflation concerns
OIL prices fell in early Asian trading on Monday, erasing gains from Friday as Israel-Hamas peace talks in Cairo eased fears ...
Yen tumbles to 34-year low; US dollar gains after inflation data
The US dollar surged to a fresh 34-year high against the yen last Friday (Apr 26), bolstered in part by ...
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
THE Bank of Japan kept interest rates unchanged on Friday and issued fresh estimates projecting inflation to stay near its ...
Gold prices set for weekly decline ahead of US inflation data
GOLD prices edged lower on Friday (Apr 26) and were set for a weekly decline as investor attention turned to ...
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