Stock Traders Are Nonchalant About US Being on Cusp of Default
The debt-ceiling standoff in Congress has the US at risk of being unable to pay its bills as
2023-05-13 21:28
Charting the Global Economy: US Inflation Cools; BOE Hikes Rates
US inflation showed more signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases
2023-05-13 18:20
G-7 Finance Chiefs Boost Ukraine Aid, Propose Supply Chain Plan
Group of Seven finance chiefs put more aid on the table for Ukraine, set up a new supply
2023-05-13 15:49
ECB’s Visco Says More Caution, Data-Dependency Needed on Rates
The European Central Bank needs to stick carefully to a data-dependent approach in weighing when and how much
2023-05-13 14:26
Hunt Says US Debt Impasse Poses Serious Threat for World Economy
UK Chancellor of the Exchequer Jeremy Hunt warned the US debt ceiling impasse poses a serious risk for
2023-05-13 14:24
How BOE Went From Warning About 5% Rates to Closing In on Them
The Bank of England has changed its outlook dramatically since inflation first breached the 2% target in May
2023-05-13 13:55
Petro Says Colombia Must Respond to High Rates With Tariffs
Colombian President Gustavo Petro urged commercial banks to cut interest rates on loans and added that central bank
2023-05-13 10:22
Yellen to Update Congress on Default Timing Within Two Weeks
Treasury Secretary Janet Yellen said she expects to update Congress within the next two weeks on how close
2023-05-13 10:15
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:25
California’s Newsom Sees Budget Deficit Deepening to $32 Billion
California is facing a deeper deficit than projected at the beginning of the year as the fortunes of
2023-05-13 07:25
Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
2023-05-13 05:46
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45