Oil slips on prospect of higher-for-longer US rates NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated... Published 12 May, 2024 03:09am
Markets Wall Street mixed in choppy trade NEW YORK: Wall Street’s main indexes were mixed on Thursday as investors assessed a key inflation reading and... Published 01 Mar, 2024 02:59am
Markets Indian shares extend gains as US rate woes ease BENGALURU: Indian shares advanced for the second straight session on Wednesday, in tandem with global markets, on... Published 12 Oct, 2023 05:57am
Markets Wall Street gains as Fed officials strike dovish tone NEW YORK: The S&P 500 and the Nasdaq touched three-week highs on Tuesday as dovish comments from US Federal... Published 11 Oct, 2023 03:10am
Business & Finance Fed's Bostic says rates will probably rise if inflation moves away from target DUBLIN: The Federal Reserve will have to increase rates if prices growth moves away from target or inflation... Published 29 Jun, 2023 05:57pm
World Fed's Powell sees inflation battle lasting 'some time,' warns of economic pain JACKSON HOLE: The U.S. economy will need tight monetary policy "for some time" before inflation is under control,... Published 26 Aug, 2022 10:39pm