Fed's Evans: Expect to be at top fed funds rate by March

Rising mortgage rates and a lack of affordability are prompting a steep drop-off in demand for housing. At the same time inventory for sale is on the rise. A combination of ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he backs raising rates by a further 1.25 percentage points by the end of this year to counter inflation that has been ...

The European Central Bank should raise interest rates by another 75 basis points when it next sets policy in October, with steps likely to get smaller after that, according to ...

In a dramatic policy U-turn, the Bank of England is resuming gilt purchases. This provides a potential exit door to the nascent UK financial crisis, though this may require the ...

Gold prices soared on Wednesday, bolstered by a deep retrenchment in global bond yields and a weaker U.S. dollar. In the afternoon trade, XAU/USD was up about 2% to $1,670, its ...