ECB will remain on hold in the absence of bad data or external shocks

The European Central Bank is set to keep rates in the “good place” of 2 per cent when it meets on Thursday, with the bar for ...

Dollar index at three-month high, testing top of recent range

The dollar hovered at a three-month high against a basket of peers on Monday ahead of economic data this week that will offer only vague clues about the health of the U.S. economy and could reinforce ...

Fed lowers interest rates as it struggles to assess state of US economy without key government data

Even in the best of times, the Fed has a tough time interpreting the data and deciding how best to guide the US economy.

Fed’s Policy Path Looks More Treacherous as Shutdown Delays Critical Data

The central bank is poised to lower interest rates again on Wednesday despite having only a partial view of how the economy ...