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...Erkan, who met investors at an event arranged by JPMorgan in New York last week, has vowed to keep monetary policy tight as long as needed to restore price stability....
...Additional reporting by George Steer in New York...
Currency’s strength compared with euro and sterling comes after higher than expected US inflation figures
JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to investors
...Mary McDougall...
Markets price in more than two quarter-point cuts, compared with more than six expected at start of 2024
Analysts tear up interest rate forecasts as inflation proves more stubborn than most had expected
Traders forecast benchmark rate will settle at about 3.5%
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflation
Traders bet on three quarter-point cuts in 2024, down from expectation for six or seven at start of year
...Adding to the market jitters ahead of the Fed announcement was a 35 per cent drop in the shares of New York Community Bank after it reported an unexpected loss in the fourth quarter and said it would cut...
...Additional reporting by Joe Miller in New York...
...San Francisco Fed president Mary Daly, meanwhile, will participate in a fireside chat at an event in Las Vegas....
...For Chanel’s latest Métiers d’Art collection, shown in Manchester in December, designer Virginie Viard teamed almost all 72 looks with a version of the style: flats and heels, many embellished with pearls...
...The New York Philharmonic’s Project 19 is an initiative to commission new music from women composers to honour the centennial of the 1920 passage of the 19th amendment to the US constitution, giving women...
...Treasuries rose sharply in mid-morning trading in New York, with the two-year yield down 0.15 percentage points to 4.21 per cent....
...“I’ve always said I’d love to be president, but you’d have to anoint me, folks,” Dimon said, to laughter from the crowd....
...An indulgence I’d never forgo is being an artist. You’re continually solving problems and having conversations with yourself....
...“Time is short and there is lots to do,” Harris told the Irish parliament on Tuesday before receiving the seal of office from President Michael D Higgins....
...Frankenstein has always been good box office — the first staging was in 1823, five years after publication — but although Mary Shelley’s story is in many ways an inherently physical one, it has been something...
...“In England, I’d become too well-known as a Tatler photographer,” Jones says of his move to the US. “It was wonderful to be invisible again.”...
...If you want a modern country house, I’d suggest The Find, designed by my architect friend Richard Found....
...Irish reunification remains the party’s raison d’être....
S&P 500 ends 2023 just shy of record as investors bet interest rates have peaked
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