-
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US central bank’s policy stance is restrictive, but policymakers haven’t entirely ruled out additional interest-rate increases. “I don’t think anybody has totally taken rate increases off the table,” Kashkari said Tuesday at an event in London. “I think the odds of us raising rates are ...
-
The global economy has shown economic resilience, reflected in a positive projection for oil demand worldwide, OPEC Secretary General Haitham Al Ghais said on 27 May. “For 2024, oil demand growth is at 2.2mbbl/d [million barrels per day], with total global demand anticipated to average 104.5mbbl/d,” he said during a special session of the 141st meeting of ...