Stumbling growth and stubborn inflation: the BoE’s rate cut challenge
By William Schomberg and Sumanta Sen LONDON (Reuters) – The Bank of England must contend with a slowdown in Britain’s economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its
Fed to hold rates steady at an unsteady moment
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be how the central bank confronts early moves by President Donald Trump that are
Fed’s rate-cut view set to test resurgent US stocks rally
By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – The Federal Reserve’s first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly interest rate cuts in
A Fed on hold, for now, eyes strong jobs, easing inflation
By Howard Schneider WASHINGTON (Reuters) – At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and had watched job gains seesaw in what seemed an emerging decline. When they meet on
Russians could face jail for divulging logistics of sanctioned goods
MOSCOW (Reuters) – A Russian draft law proposes punishment of up to seven years in prison and heavy fines for the public disclosure of information about the supply chains of sanctioned goods imported into Russia and about payment systems. Russia still