UBS says Fed hike fears are overdone as the 10-year Treasury yield tops 5.1%
UBS says markets are pricing in more Federal Reserve tightening than is likely, after the 10-year Treasury yield broke above…
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RBA set to lift cash rate to 4.60%, highest since 2011, as core inflation stays sticky
Economists now expect the Reserve Bank of Australia to raise its cash rate 25 basis points to 4.60% on Tuesday,…
Euro Slides to Two-Month Low as Dollar Rallies on Fed Rate-Hike Bets
The euro fell to $1.1358, its lowest level since July 28, as the dollar climbed to a two-month high on…
Fed officials signal more rate hikes ahead to curb inflation
Two Federal Reserve policymakers said the central bank will likely need to raise interest rates again to bring down high…
Philadelphia Fed’s Paulson: more rate hikes may be needed to hit 2% inflation target
Philadelphia Fed president Anna Paulson said on September 24 that further rate increases may be needed to bring inflation back…
