The Fed Isn’t Fully Taking Its ‘Foot Off the Pedal,’ Loomis Says
The Federal Reserve is most likely halting its interest-rate hikes in June, but a strong easing cycle isn’t
2023-05-14 04:22
Biden Says Debt Talks Move Along as Parties Discuss Changes
President Joe Biden said budget talks to avert a catastrophic US default are moving along and that negotiators
2023-05-14 02:21
Brazil Debt Is the Source of High Rates, Central Bank Chief Says
Brazil’s central bank chief said high levels of public debt are to blame for interest rates steady at
2023-05-14 00:15
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
Starmer Says Reform Plan Is Blair’s Labour ‘on Steroids’
Keir Starmer said his his mission to reform the UK Labour Party is an “on steroids” version of
2023-05-13 18:57
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
Ukraine Latest: Kyiv Hit With Sixth Drone Attack This Month
Russia attacked Ukraine’s capital with drones early Saturday for the sixth time since the beginning of May. President
2023-05-13 15:27
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
Fed’s Jefferson Says Inflation High, But Policy ‘On Track’
Federal Reserve Governor Philip Jefferson said progress on inflation this year has been “mixed,” but noted that policy
2023-05-13 09:56