The world’s biggest economy keeps borrowing costs higher in a bid to control price rises.
- Have interest rates reached their peak?
US Federal Reserve holds rates steady while European Central Bank signals a pause in monetary tightening policy.Countries across the world have been hit by multiple crises that have sent prices soaring, including pandemic-era supply bottlenecks, the fallout of the war in Ukraine and an energy crisis. Food, electricity and even…
- US Fed leaves interest rates unchanged, signals another hike
The US Fed expects interest rates to fall only half a percentage point in 2024, lower than market expectations.The United States Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with another rate increase projected by the end of the year and monetary policy kept significantly…
- Bank of England Keeps Interest Rates Steady for First Time in Nearly Two Years
The Bank of England left interest rates unchanged on Thursday, the first time in nearly two years that it opted to not raise rates during a long-running battle against stubbornly high inflation.A day earlier, data showed inflation in Britain had unexpectedly slowed. Policymakers at the central bank kept interest rates…
- Venezuela opposition holds primary to pick unity candidate
Opposition groups aim to pick one figure to take on the government's candidate in the 2024 election.source
- Trump asks judge in federal elections case to step aside
In a legal filing, Mr Trump says past comments by the judge in court are "disqualifying".source