The latest evidence of economic strength makes it all but certain that the Fed will resume rate hikes
Process of getting inflation back down to 2% has "a long way to go,'' Fed chairman says
The quarter-point boost is the European Central Bank's eighth straight increase in interest rates
Signals there could be two more hikes this year
SIFMA survey finds U.S. industry economists expect Federal Open Market Committee to hit pause
Calling the expected non-rise a "skip" would be seen as compromise between rate hawks and doves in U.S.
Stubbornness of high inflation divides Federal Reserve on managing interest rates
Rhys Mendes will become Bank of Canada deputy governor in July while Biden has made two Federal Reserve nominations
Consumer prices rose by 0.4% from March to April, up by 4.9% from April 2022.
The Fed describes the banking system as 'sound and resilient' but notes the impact of a pullback in bank lending remains uncertain