(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said he’s comfortable keeping interest rates steady, reiterating he doesn’t think it will be appropriate to lower borrowing costs until toward the end of the year.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leas ..read more

(Bloomberg) -- The US bond market’s recovery was cut short by a Federal Reserve official’s mere mention of the possibility of an interest-rate increase.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsIn response to a question during a conference in Washington, New ..read more

"I'm comfortable being patient," Bostic said during an appearance before the Greater Fort Lauderdale Alliance in Florida. The Fed has kept its policy rate in the 5.25%-5.50% range since last July. Earlier this year most U.S. central bankers thought inflation was falling quickly enough to allow several rate cuts before the end of 2024 ..read more

(Bloomberg) -- Brazilian Finance Minister Fernando Haddad said he anticipates the Federal Reserve’s delay in lowering interest rates will trigger a repricing across global markets, while the nation’s central bank chief expressed confidence in Brazil’s external accounts.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Con ..read more

(Bloomberg) -- Brazilian Finance Minister Fernando Haddad said he anticipates the Federal Reserve’s delay in lowering interest rates will trigger a repricing across global markets, while the nation’s central bank chief expressed confidence in Brazil’s external accounts.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Con ..read more

(Bloomberg) -- Oil fluctuated as markets weighed Iran’s threats on Israeli nuclear sites against a stronger US dollar. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsWest Texas Intermediate settled little changed below $83 a barrel after swinging between gains and ..read more

(Bloomberg) -- The Federal Reserve needs to achieve more confidence that inflation is declining before cutting interest rates and could possibly delay such a move until after 2024, said Minneapolis Fed President Neel Kashkari.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and La ..read more

(Bloomberg) -- The Indonesian government is working with central bank governor Perry Warjiyo to cushion the country’s economy from the rise in the US dollar, according to its finance minister.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor Costs“We work very closely wit ..read more

(Bloomberg) -- The world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTreasuries fell ..read more

(Bloomberg) -- The world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTreasuries fell ..read more