U.S. consumer spending to cool sharply: Fitch

Households to curtail spending amid softer labour markets, easing wage growth

By James Langton |September 27, 2023

2 min read

Why the U.S. job market has defied rising rates and expectations of high unemployment

The unemployment rate has scarcely budged since the Fed began a series of 11 rate hikes

By Christopher Rugaber, The Associated Press |September 25, 2023

6 min read

Interest rates will stay high ‘as long as necessary,’ ECB leader says

The ECB this month raised its benchmark deposit rate to an all-time high of 4%

September 25, 2023

3 min read

BoE joins Fed in keeping interest rates unchanged after inflation declines

The U.K. central bank kept its interest rate unchanged at a 15-year high of 5.25%

By Pan Pylas, The Associated Press |September 21, 2023

3 min read