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
1970-01-01 08:00
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
1970-01-01 08:00
'Every family should be concerned' about debt ceiling, consumer watchdog warns
Leaders in Washington are running out of time to avoid an unprecedented default on US debt. The top consumer watchdog in the federal government is warning of dire consequences for American families.
1970-01-01 08:00
Pakistan's political crisis will deepen its economic misery
The political unrest that's engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International Monetary Fund and exacerbate the country's economic crisis.
1970-01-01 08:00
Fraudulent Jobless Claims in Massachusetts Boosted Recent US Data
Fraudulent applications for unemployment benefits in Massachusetts have been behind a recent uptick in claims in the state,
1970-01-01 08:00
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
1970-01-01 08:00
US consumer sentiment drops to six-month low in May
WASHINGTON U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal
1970-01-01 08:00
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
1970-01-01 08:00
Singapore Extends MAS Chief Menon’s Term For Up to Two Years
Singapore extended the term of its central bank chief Ravi Menon by up to two years. The re-appointment
1970-01-01 08:00
Hong Kong's Q1 GDP grows 2.7% y/y
HONG KONG Hong Kong's economy grew 2.7% in the first quarter from a year earlier, government data showed
1970-01-01 08:00
China's record carbon emissions expected to peak due to clean energy push, report says
China's carbon emissions will likely hit a new record in 2023 on the back of an economic rebound, but a rapid expansion in green energy will enable its emissions to peak soon, a global energy think tank said on Friday.
1970-01-01 08:00
China cbank set to keep policy rate unchanged in May
SHANGHAI/SINGAPORE China's central bank is likely to keep its medium-term policy rate unchanged when rolling over such maturing
1970-01-01 08:00