A hawkish tone from the Fed chief, higher inflation risks and a closed door to market guidance. These are some of the reasons why there is a certain risk that the US central bank will raise the key interest rate as early as Wednesday evening, says Mattias Persson, chief economist at Swedbank.
BusinessLorie Logan - one of the Federal Reserve's (Fed) top decision-makers - wants the US interest rate raised at the Fed meeting on July 29.
BusinessThe US central bank has zero tolerance for persistently high inflation, says the Federal Reserve's new head, Kevin Warsh.
BusinessChristopher Waller, a member of the Federal Reserve (Fed) board, says there could be a key interest rate hike in the US if inflation continues to trend upward.
BusinessThe US Supreme Court has ruled that President Donald Trump does not have the right to immediately fire Federal Reserve governor Lisa Cook.
BusinessSwedes' travel budgets are shrinking due to this year's weakening of the krona. That's partly because of an unexpectedly resilient US economy, but also the AI sector's huge price gains on Wall Street, according to SEB economist Robert Bergqvist. Put some of the blame on Elon Musk, Bergqvist says.
BusinessFormer US Federal Reserve chairman Alan Greenspan has died of complications from Parkinson's disease, US media report. He was 100 years old.
BusinessThe US stock market fell sharply after the Federal Reserve's Wednesday interest-rate announcement. All major indexes fell at least 1 percent.
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