The U.S. Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
Israel Latest: Hamas Says Some Foreigners Can Leave GazaTata Cancels Press Conference as UK Workers Brace for Job CutsChicken Tender Chain Sells $500 Million of Bonds in Debut OfferingEuropean Gas Slides on Subdued Demand and Contained War OutlookZillow Rebounds After NAR’s Guilty Verdict Rattled InvestorsCrypto Token SafeMoon Founders Spent Investor Cash on Sports Cars, US ClaimsLoonie likely to come under further pressure in 2024: strategistEuropean Buyout Firm CVC Capital Is Said to Postpone...
4 Billion on Acapulco Reconstruction PlanDeparting CEO wanted 'the BlackBerry brand to shine again'Tata Cancels Press Conference as UK Workers Brace for Job CutsEuropean Gas Slides on Subdued Demand and Contained War OutlookVenezuela, PDVSA Bonds Put on Watch for Key JPMorgan IndexesCzechs Widen Push to Make Car Batteries as Volkswagen Hopes WaneCopper Miner First Quantum Has Lost Half of Its Value This WeekTata Steel Reports Surprise Loss on Weak Europe PerformanceRussia to Face $60...
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Premarket: World shares struggle; yen slides after BOJ policy tweakFederal Reserve begins two-day meeting with rate announcement due Wednesday afternoon
Read more »
Powell likely to underscore inflation concerns even as U.S. Federal Reserve leaves key rate unchangedThe Fed is standing pat, for now, in part because the U.S. economy has been moving mostly in the direction that Chair Jerome Powell has hoped for
Read more »
Asian Stocks Inch Lower Ahead of Federal Reserve Policy DecisionAsian stocks edged lower on Wednesday as investors awaited the Federal Reserve's policy decision. The yen remained near one-year lows against the dollar, raising concerns of possible intervention by Tokyo.
Read more »
Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelinesThe Federal Reserve is poised to leave its key interest rate unchanged Wednesday at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors.
Read more »
Federal Reserve to Keep Key Interest Rate Unchanged Amid Economic PressureThe Federal Reserve is expected to maintain its key interest rate as the economy faces challenges from rising interest rates, global turmoil, and investor concerns. Despite strong economic growth and high inflation, Chair Jerome Powell aims to cool the economy and lower inflation before considering any rate adjustments.
Read more »
Top Companies Report Earnings as Federal Reserve Meeting BeginsTop companies including Pfizer, Anheuser-Busch InBev, Caterpillar, and JetBlue have reported earnings. Meanwhile, the Federal Reserve's meeting on interest rates has started in Washington, D.C. Other trending stocks include Tesla, Pinterest, and BP. Amgen CFO Peter Griffith will speak at 10:30 a.m. ET. In Quebec, restaurants are facing hefty penalties for using competitor's payment machines. Steve Ballmer, former CEO of Microsoft, is now the world's 5th-richest person.
Read more »