US not suffering from ‘stagflation’, says Fed chairman Jerome Powell
The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.
Fed holds rates as it warns fight against inflation has hit a bump
The world’s largest central bank has warned that its fight against inflation has hit a bump in the road, forcing it to keep interest rates at a 23-year-high.
GSK chief shrugs off concerns that FTSE bosses are not paid enough
GSK chief Dame Emma Walmsley has downplayed concerns that British companies are failing to compete with US-style executive pay packages.
Swiss Franc and Japanese Yen Underperform as Dollar Ebbs from Earlier Highs Ahead of Fed Rate Decision
Swiss Franc and Japanese Yen Underperform as Dollar Ebbs from Earlier Highs Ahead of Fed Rate Decision
FTSE 100 LIVE: London stocks rise despite UK house prices falling in April
UK house prices fell by 0.4% in April, as rising borrowing costs took their toll.