South Korea raises rates amid inflation worries

SEOUL (REUTERS) – South Korea’s central bank raised its benchmark rate back to where it was before the Covid-19 pandemic on Friday Jan 14), seeking to restrain inflation and house…

Dollar edges off lows as US inflation test looms

Federal Reserve Chair Jerome Powell yesterday gave no clear indication that the Fed was in a rush to speed up plans for tightening monetary policy, putting some downward pressure o…

Dollar edges off lows as U.S. inflation test looms

Federal Reserve Chair Jerome Powell on Tuesday gave no clear indication that the Fed was in a rush to speed up plans for tightening monetary policy, putting some downward pressure …