interest

Consumers face the prospect of permanently higher interest rates amid geopolitical tensions and “slower globalisation”, a Bank of England official has warned.Megan Greene, an external member of the…

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week’s key economic data and events. Firstly, a quick recap on what happened last week week where the initial Fed dovish pivot narrative has been watered down due…

Stay informed with free updatesSimply sign up to the US inflationmyFT Digest -- delivered directly to your inbox.A top Federal Reserve official has said “disappointing” inflation data means the US central bank should “push back” the…

While high mortgage rates are keeping everyday working Americans out of the housing market, wealthy buyers with the means to buy multi-million dollar homes in cash are doing just fine. In fact, luxury…

A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWeekly jobless claims fall 5,000…

Workplace Relations Minister Tony Burke says businesses currently have to directly seek permission from him to strike pay deals across various employers.The government has committed to legislating multi-employer bargaining to allow…

Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest rates to generate unemployment and bring down aggregate demand. Or, they can employ a surgical approach that reins in the…