US Federal Reserve rate

The greenback firmed on Monday after sturdy shopper spending information pointed to persistent underlying inflation stress, cooling bets that the US Federal Reserve might flag a slowdown in its aggressive rate of interest hikes. In…

Federal Reserve officers agreed they wanted to lift rates of interest to a extra restrictive degree - after which preserve them there for a while - to satisfy their aim of decreasing "broad-based and unacceptably excessive" inflation, a…