Analysts tear up interest rate forecasts as inflation proves more stubborn than most had expected
Largest US bank’s stock falls more than 6% as investors recalibrate interest rate expectations
The flipside to higher rates is people want more for their savings, too
(We’re talking about US rate cuts, not revolution)
Research suggests that these have long been in steady decline
Perhaps it could be not just ‘higher for longer’ but ‘higher forever’
Consumer prices are rising quickly at just the wrong time for the US president
Investors lose hope of rapid US interest rate cuts this year
Figures for consumer prices and core inflation exceed expectations
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflation
Influential investor says US inflation and growth are not at levels where interest rates can fall
That is, as long as the data does not deliver a nasty surprise
Markets price in more than two quarter-point cuts, compared with more than six expected at start of 2024
JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to investors
Traders further reduce probability of Federal Reserve starting its policy easing cycle in June
The wait on a rate cut decision is giving investors the jitters
Wall Street recovers following a global sell-off that came as oil spiked above $90 a barrel
S&P 500 closes down 1.2% in worst finish since mid-February and investors rush into Treasuries
Consumer prices edge tantalisingly close to target in eurozone but exceed forecasts in US
US central bank needs ‘greater confidence’ before cutting interest rates, chair says
Traders forecast benchmark rate will settle at about 3.5%
Top US monetary policymaker all but rules out cutting borrowing costs as early as May
Swaps markets price in less than 0.75 percentage points of rate reductions
Sticky inflation has unnerved financial markets, but officials have stood their ground
Comments from central bank chief come after PCE gauge of price pressures ticked higher in February
International Edition