Britons Still Have £280 Billion of Excess Savings, Fitch Says
UK households are still sitting on £280 billion ($349 billion) of “excess savings” accumulated during the pandemic, according
1970-01-01 08:00
Pimco Calls for Bond Rally in 2024 After Bullish Forecast Crumbled This Year
Bond giant Pacific Investment Management Co. — among the many whose expectations for a rally this year were
1970-01-01 08:00
Bankers Brace for Bonus Cuts With No Relief Seen Next Year
Bonus season on Wall Street is looking grim for bankers in an industry hobbled by rising interest rates,
1970-01-01 08:00
US Inflation Isn’t on Smooth Glide Path to 2%, Fed’s Barkin Says
Federal Reserve Bank of Richmond President Thomas Barkin said he’s not convinced inflation is on a clear path
1970-01-01 08:00
US Inflation Broadly Slows in Sign of Progress for Fed
US inflation broadly slowed in October, which markets cheered as a strong indication that the Federal Reserve is
1970-01-01 08:00
BOE’s Dhingra Warns UK Consumers to Prepare for More Food Shocks
Bank of England rate-setter Swati Dhingra warned that consumers should prepare for more food price spikes in the
1970-01-01 08:00
South Africa Bond Auction Sees Strongest Demand in Two Years
South African attracted nearly $1 billion of orders at Tuesday’s weekly auction of government debt, the strongest demand
1970-01-01 08:00
Biden, Xi to Announce China’s Crackdown on Fentanyl Trade
Joe Biden and his Chinese counterpart, Xi Jinping, are set to announce an agreement that would see Beijing
1970-01-01 08:00
Ghana’s Inflation Rate Falls, Easing Rate Hike Pressure
Ghana’s inflation rate fell more-than-anticipated to a 14-month low in October, providing further room to the central bank
1970-01-01 08:00
China Mulls $137 Billion of New Funds to Aid Housing Market
China plans to provide at least 1 trillion yuan ($137 billion) of low-cost financing to the nation’s urban
1970-01-01 08:00
US Grants Chinese Journalists Hundreds of Visas For APEC
The US has given a large number of Chinese journalists permission to enter the country to cover the
1970-01-01 08:00
Moody’s Dug Hole on Italy Junk Question, Ex-S&P Veteran Says
Moody’s Investors Service has backed itself into a corner by placing Italy on the brink of being branded
1970-01-01 08:00