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Tag: coming

Global gas glut is set to reach multi-decade highs in the coming years

A liquefied natural gas tanker sails past a container terminal as it arrives in Yokohama, Japan, May 21, 2018. Tomohiro Ohsumi | Bloomberg | Getty ImagesNatural gas prices have plunged as the world grapples with an oversupply after a warmer-than-expected winter. The recent heyday in...

Central bank holds rates steady, maintains three cuts coming

The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the end of the year.Following its two-day policy meeting, the central bank's rate-setting Federal Open Market Committee said it will keep its benchmark overnight...