Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache,
2023-08-21 08:23
Customs officers seize over $380,000 worth of cocaine off bus from Mexico
US customs officers in Texas discovered nearly two dozen packages of cocaine on a commercial bus coming from Mexico.
2023-08-20 13:24
All Eyes on Fed Chief Powell in Jackson Hole: Eco Week Ahead
It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended
2023-08-20 04:23
ECB Readies Complaint to Italy on Bank Tax, Corriere Says
The European Central Bank is set to send a letter of complaint to the Italian government about a
2023-08-18 15:48
Currency Traders Hang on Every Word as Tokyo Jawbones Yen
Traders are scrutinizing every word from Japanese currency officials with renewed intensity as nine straight days of declines
2023-08-17 16:24
ECB’s Kazaks Says Any Additional Rate Hikes Would Be Very Small
Any additional interest-rate increases by the European Central Bank won’t be big, according to Governing Council member Martins
2023-08-17 13:57
Australia Unemployment Rises to 3.7% as Rate Hikes Take Toll
Australia’s unemployment rate rose more than expected in July as the economy surprisingly shed jobs, signaling the labor
2023-08-17 10:57
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
2023-08-17 07:48
Italy’s Deputy PM Seeks Changes to Bank Tax, Reports Say
Italy’s Deputy Premier Antonio Tajani wants substantial changes to a controversial levy on banks’ extra profits, according to
2023-08-15 19:53
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September, prompting a
2023-08-15 14:28
Hedge Funds Turned Long Aussie Dollar at Just the Wrong Time
Hedge funds turned the most bullish on the Australian dollar than they’ve been at any point this year,
2023-08-14 11:24
Behind Indonesia’s 5% Growth Lies a Less Rosy Economic Picture
Indonesia’s growth performance last quarter is poised to top most of its peers in Southeast Asia, but its
2023-08-14 09:17