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Fed rumoured to be acting more forcefully as inflation soars

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The Federal Reserve is anticipated to hike the U.S. cost of borrowing faster and farther than previously projected after statistics on Tuesday showed underpinning...

U.S. Fed on a roll with interest rates; dollar catches its...

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After a tumble overnight, the aftermath of two policymakers from the Fed saying they foresaw a marginal rate hike instead of the 100-basis points...

UK medium term inflation gauge hits highest record

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A key measure of medium-term British inflation expectations in financial markets hit its highest since at least late 2013. This has potentially added to...