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U.S. growth

US Dollar Hits Seven-week Peak After Solid Data; US Debt Risks in Focus

Divya Bharat May 17, 2023 Chinese yuan weakened, dollar rose, elevated inflation, euro dropped, Federal Reserve interest rate cut, housing data, interest rate futures pricing, late morning trading, low unemployment, measure of the greenback’s value, offshore market", President Joe Biden, rate cuts, resilient picture, retail sales rose, safe-haven bets, seasonally-adjusted annual rate, seven-week high, single-family homebuilding, six-week low, solid U.S. consumer spending, sterling, strongest level, U.S. debt default, U.S. debt-ceiling talks, U.S. dollar index, U.S. growth, U.S. House of Representatives Speaker Kevin McCarthy, U.S. industrial production, yen

US Dollar Hits Seven-week Peak After Solid Data; US Debt Risks in Focus

The dollar rose to a seven-week high on Wednesday, boosted by safe-haven bets amid the risk of a U.S. debt

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Fed Raises Key Interest Rate to Highest Level in 16 Years, Signals Rate Hikes Pause

Divya Bharat May 3, 2023 auto loans, banking industry, benchmark rate, borrowing, borrowing limit, business loans, businesses, central bank, Christine Lagarde, consumer spending, Consumers, core inflation, credit card borrowing, debt limit, energy prices, European Central Bank, Federal Reserve, food costs, Gas prices, high inflation, inflation, inflation figures, interest rate, Janet Yellen, job market, lending, long-term bonds, manufacturing, mortgage rates, policy meeting, rate hikes, recession, rental costs, spending cuts, supply chain, Treasury Secretary, U.S. growth

Fed Raises Key Interest Rate to Highest Level in 16 Years, Signals Rate Hikes Pause

The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to

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