Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-28 04:47
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:48
BOE’s Broadbent Warns UK Rates Need to Remain High for Some Time
The Bank of England will have to keep interest rates high for longer because inflation will not fade
2023-08-27 03:22
BlackRock-Backed Puerto Rico Utility Deal Would Cut Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to
2023-08-26 12:24
Fed Latest: Bernstein Sees US Maintaining Pay Gains, Easing CPI
The chair of President Joe Biden’s Council of Economic Advisers, Jared Bernstein, said the US can maintain strong
2023-08-26 06:55
Lira Leads Emerging Market Drop After Jackson Hole Remarks
Turkey’s lira slumped as the euphoria surrounding Thursday’s jumbo interest-rate hike subsides, with questions arising over whether the
2023-08-26 00:50
ECB’s Nagel Says Much Too Early to Consider Rate Hike Pause
European Central Bank Governing Council member Joachim Nagel said that he’s not convinced inflation is under control enough
2023-08-25 15:22
German Economy Stalled in Second Quarter, Weighed Down by Trade
Germany’s economy exited recession by the slimmest margin in the second quarter but its sluggish performance continues to
2023-08-25 14:47
Indonesia Swaps Reverse Repo, Operation Twist for New Tools
Bank Indonesia is issuing new rupiah securities to replace its existing reverse repurchase facility and “Operation Twist” bond
2023-08-25 14:28
BRICS Latest: Bloc Agrees Rules Clearing Path for More Members
BRICS leaders edged closer to adding new members to their club for the first time since 2010, after
2023-08-24 00:47
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright
2023-08-23 17:16
UK’s Slower-Than-Expected Borrowing Gives More Room for Tax Cuts
UK government borrowing came in below official forecasts in the first four months of the fiscal year, providing
2023-08-22 14:22