St. Louis Fed President Musalem expresses caution on inflation, hinting at a possible shift in monetary policy stance amidst concerns over tariffs and immigration policies.
Published on: February 21, 2025, 03:02 AM UTC
The Federal Reserve will gather for its first meeting of 2025, facing challenges from President Trump who has hinted at demanding lower interest rates. Fed officials are concerned about inflation and have lowered their forecasts for rate cuts, while some watchers of the US economy raise the possibility of rate hikes.
Published on: January 27, 2025, 02:02 PM UTC
Burberry shares jump 13% as Q3 sales fall less than expected, beating forecasts by 8 percentage points. Store sales fell 4% vs. expected 12% decline.
Published on: January 24, 2025, 09:00 AM UTC