IATA says Gulf carriers face operational turmoil as jet fuel prices soar 70% Add as a preferred source on Google Despite the bleak forecast, demand for flying remains strong. Passenger numbers are ...

MANILA, Philippines — The softer-than-expected inflation print in May may give the Bangko Sentral ng Pilipinas (BSP) room to take a more measured approach to tightening, although economists said ...

Economists polled by CNBC expect the Reserve Bank of India to keep rates unchanged at 5.25%. But India faces a dual risk of a weak currency and higher inflation that could push the RBI to hike rates ...

Cleveland Fed president Beth Hammack warned Tuesday that it may soon be time to raise interest rates because of concerns that rising prices could get entrenched. "For today, it's reasonable to keep ...

TOKYO -- With inflation showing no sign of cooling, there is "certainly a possibility" that the U.S. Federal Reserve's next policy move will be a rate hike, Austan Goolsbee, president of the Federal ...

The Federal Reserve isn’t going to reduce borrowing costs any time soon because of resurgent inflation, but a rate hike is also off the table for now as the regime of a new Fed chair, Kevin Warsh, ...

One word in the Federal Reserve’s lengthy policy statement released this week is causing consternation among its officials, some of whom are warning that it could end up costing the US economy. That ...

Two years ago, with the economy chugging along and inflation falling, Federal Reserve Chair Jerome Powell dispatched a question about stagflation with humor rather than scorn. “I don’t see the ‘stag’ ...

If one thing has remained constant in President Donald Trump's first and second terms, it's his pressure on Federal Reserve Bank Chair Jerome Powell to lower interest rates. Last July, Trump talked ...

Air cargo rates have kept rising more than one month into the start of the war in Iran as carriers continue to face capacity and operational disruptions, as well as increasing jet fuel costs. Average ...