“We think they’re at a point where the Fed funds rate is restrictive enough to slow the economy, slow activity and allow inflation to trend lower,” said Kathy Bostjancic, chief economist at insurance firm, Nationwide Mutual, adding that she did not expect to see further hikes this year.
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Tesco and Iceland bosses warn over Christmas supplies
admin, , Business, 0
Asked if Brexit is responsible for the supply chain problems, Mr Walker responded: “I think so, but it’s a...
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Ofgem blamed as supplier failures lead to higher energy bills
admin, , Business, 0
“While no regulator can, or should, guarantee companies will not fail in the future, we will continue to take...
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M&S slumps to first loss in public firm’s history
admin, , Business, 0
In August M&S announced it was set to cut 7,000 jobs over three months.
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When should I turn the heating on?
admin, , Business, 0
Image source, BBC/GettyImage caption, Is it time to turn the heating on? The temperature is dropping again, and many...
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Is the move to electric cars running out of power?
admin, , Business, 0
That’s precisely what US President Joe Biden did this week, with a new 100% tariff on Chinese EV imports....
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Not that difficult to buy a home, says NatWest chair
admin, , Business, 0
Torsten Bell, boss of the Resolution Foundation think tank which focuses on improving living standards, said it was “increasingly...
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Hinted tax cuts will be difficult in weak economy – IFS
admin, , Business, 0
“It might be easy to announce immediate tax cuts, without any hint of what it is the state currently...
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US judge throws out Facebook anti-trust lawsuits
admin, , Business, 0
“Ultimately, this anti-trust action is premised on public, high-profile conduct, nearly all of which occurred over six years ago...
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