German state inflation accelerates in July, reinforcing the case for a September ECB hike
Inflation accelerated in four German states in July, with Bavaria's annual rate reaching 2.8% and North Rhine Westphalia's climbing to…
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Dollar steadies against yen near 163.6 after Fed hold, with BOE and BOJ decisions next
The dollar steadied against the yen in Asian trade on Thursday after the Federal Reserve held rates, with USD/JPY around…
Sterling recovers towards 1.3400 before the Bank of England decision
The pound moved towards 1.3400 after the Federal Reserve held interest rates unchanged without signalling an imminent shift towards cuts….
Three Fed officials dissent for higher rates in Warsh’s second meeting
Three FOMC members voted against holding US interest rates steady this week, preferring an increase — the largest opposition a…
Dollar posts worst day in about four weeks as Fed holds rates at 3.50%-3.75%
The Federal Reserve left the federal funds rate at 3.50%-3.75% for a fifth straight meeting, and the dollar sold off…
