Fed Holds Rates in Divided 9-3 Vote as FOMC Members Split on Hike Timing
The Federal Reserve held its benchmark rate at 3.50%-3.75% at its July 29 meeting, but a divided 9-3 vote and…
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UK inflation forecast to jump to 2.9% in July on soaring energy bills
UK inflation is forecast to jump to 2.9% in July from 2.6% in June, driven by a 13% rise in…
German Companies Cut US Investment to Three-Year Low
German companies slashed direct investment in the United States to a three-year low in the first half of 2026, new…
Fed Chair Kevin Warsh Scraps Forward Guidance, Eyes Balance Sheet Cuts
Fed Chair Kevin Warsh has scrapped forward-looking guidance from FOMC statements and wants to shrink the central bank's balance sheet,…
Fed’s preferred inflation gauge stays above target, delaying rate cuts
The Federal Reserve's preferred inflation gauge is projected at 2.3% for 2026, still above the central bank's 2% target. The…
