White House National Economic Council Director Kevin Hassett expects the Federal Reserve to raise interest rates if inflation figures for this month are elevated. Speaking on "Bloomberg The Open" shortly after the latest PCE inflation report, Hassett says the Fed will "probably a...
White House National Economic Council Director Kevin Hassett hinted that he expected the Federal Reserve would raise interest rates if inflation figures for this month are elevated.
Chancellor of the Exchequer John Healey had to tread carefully in his debut budget this week, given the state of Britain’s public finances. A year from now, however, he could find himself standing at the despatch box with billions of extra pounds at his disposal.
España enfrenta su peor accidente ferroviario en más de una década justo antes de las elecciones. Los primeros indicios apuntan a un error humano y la tragedia ya entra en la campaña.
European Central Bank President Christine Lagarde says "there is never a good time to leave" but that she wants "to have the freedom of speech, the freedom of expression, and the freedom to engage on matters that are not monetary policy matters." She made the comments at a news c...
European Central Bank President Christine Lagarde says risks to euro-area growth are on the "downside" while risks to the inflation outlook are to the "upside." She made the comments at a news conference in Frankfurt after policymakers decided to keep rates on hold at 2.5%. (Sour...
Former St. Louis Fed President James Bullard says the FOMC was right to leave interest rates unchanged. He speaks about what Chairman Kevin Warsh could do next on "Bloomberg Surveillance." (Source: Bloomberg)
European Central Bank President Christine Lagarde says the ECB has the tools to address disorderly, unwarranted market movements. She also repeats her line that "the direction of travel" for policy is "quite clear for all of us" unless there are major changes. She made the commen...
The Ukrainian economy will contract this year for the first time since the start of the full-scale invasion, the central bank said, as Russia escalates airstrikes against civilians and businesses.
European Central Bank President Christine Lagarde, speaking at a news conference in Frankfurt, says policymakers are “very attentive” to second-round inflation effects but adds that, for now, “we are not seeing a risk of second-round effects in addition to what is already include...
El Salvador has now sent more than 2,000 troops to Haiti — its largest foreign deployment in decades — as it rushes to locate and rescue four soldiers who are believed to be hostages of powerful gangs.
Incumbent Karen Bass made homelessness her top priority. Now she’s defending her record against a former ally who helped oversee the city’s response.
Republicans are having to play defense as races for governor, Senate and the House go down to the wire in the Sunshine State
California’s latest technology boom is fueling vast fortunes — and anger over the widening divide between the ultra-rich and everyone else. Now, voters will get a say.
Republicans aren’t fully coalescing around the president’s endorsed candidates.
Russia hit a railway station in Ukraine’s third largest city of Dnipro, killing at least 13 civilians, Ukrainian President Volodymyr Zelenskyy said on Thursday.
Texas Governor Greg Abbott’s efforts to slow down data center construction, just as voters head to the ballot box, are starting to work.
Israel’s election monitor called for an investigation into possible meddling by foreign entities, after Prime Minister Benjamin Netanyahu and some far-right allies decried the high turnout among Arab citizens.