
The Guardian - 1 hour 44 min ago
Rolling coverage of the latest economic and financial news UK wage growth slows sharply as unemployment holds steady Fed holds interest rates steady as Iran war drives up oil prices and inflation fears Middle East crisis live: Trump threatens to blow up' entire South Pars gasfield if Iran strikes Qatar This morning's surge in oil and gas prices, and the slowdown in UK wage growth, are the main things to watch in the markets today, reports Kathleen Brooks, research director at XTB: Brent...

The Guardian - 2 hours 16 min ago
ONS data for three months to January is unlikely to convince Bank of England to cut interest rates Business live latest updates Wage growth slowed sharply in the three months to January according to the latest snapshot of the jobs market from the Office for National Statistics. Average earnings fell to 3.8% in the three months to January, from 4.2%, which was a larger fall than forecast by City economists. It was the slowest rate of wage growth in more than five years. Continue reading...

The Independent - 6 hours 46 min ago
Some economists had previously been expecting policymakers to deliver a cut, prior to the escalation of the war in Iran.

BBC - 9 hours 20 min ago
Before the conflict began, analysts had expected a cut in the Bank rate at this meeting.

BBC - 13 hours 11 min ago
The US central bank is moving cautiously, despite pressure from the president to cut interest rates.

CNBC - 13 hours 25 min ago
Oil prices were always going to be a problem for the next Fed nominee. On Wednesday Jerome Powell outlined another worry.

The Independent - 13 hours 25 min ago
One Fed official dissented in favor of a quarter-point cut...

The Hill - 15 hours 7 min ago
Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the nation's central bank decided to hold interest rates steady amid evolving impacts on the economy sparked by President Trump's military operation in Iran. The Federal Open Market Committee (FOMC), the panel of bank officials responsible for setting borrowing costs, maintained its baseline interest...

Forbes - 15 hours 16 min ago
The Middle East's impact on the economy remains "uncertain," Fed officials said.

CNBC - 15 hours 17 min ago
The Federal Reserve on Wednesday released its decision in interest rates.

BBC - 15 hours 21 min ago
The US central bank is moving cautiously, despite pressure from the president to cut interest rates.

The Hill - 15 hours 27 min ago
The Federal Reserve held interest rates steady Wednesday as bankers stared down the evolving economic blowback from the war in Iran. The Federal Open Market Committee (FOMC), the panel of bank officials responsible for setting borrowing costs, maintained its baseline interest rate at a range of 3.5 to 3.75 percent. FOMC officials voted 11-1 to...

ABC News - 15 hours 27 min ago
Oil prices have surged in recent weeks, threatening wider inflation.

CNBC - 15 hours 28 min ago
From mortgage rates to auto loans and credit cards, here's a look at how the Fed's March interest rate decision may affect your finances.

The Guardian - 15 hours 29 min ago
Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs market Sign up for the Breaking News US email to get newsletter alerts in your inbox The US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices. Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices , fluctuating inflation that still remains...

NY Post - 15 hours 30 min ago
The Federal Reserve on Wednesday held interest rates in the current range as the war in Iran and conflicting economic signals throw snags in the path to rate cuts this year.

New York Times - 17 hours 24 min ago
President Trump has repeatedly brushed aside talk of a global economic shock.

UPI - 17 hours 27 min ago
The Federal Reserve is holding its benchmark interest rate steady on Wednesday in its first FOMC statement since the start of the war with Iran.

New York Times - 17 hours 29 min ago
Mortgage rates have risen since the U.S.-Israeli attacks on Iran began last month.

Newser - 17 hours 55 min ago
US stocks slumped Wednesday after a report said inflation was primed to worsen even before the war with Iran sent oil prices spiking. That and comments from the head of the Federal Reserve pushed Wall Street on Wednesday to see less chance of getting the lower interest rates that it...

Forbes - 19 hours 25 min ago
Analysts anticipate Fed officials pointing to economic uncertainty from the Middle East conflict.

Fox News - 20 hours 19 min ago
The Federal Reserve is expected to keep interest rates unchanged, leaving borrowing costs high for Americans buying homes, cars and other big-ticket items as inflation risks remain.

NBC News - 21 hours 8 min ago
Traders expect the Fed to keep interest rates on hold as it confronts the Iran war threat of new inflation driven by higher gas prices.

The Independent - 21 hours 57 min ago
Top deals beat inflation by more than 1% say money experts...