Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to
2023-07-11 01:26
Banks Face Higher Capital Requirements in Plan From Fed’s Barr
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash
2023-07-10 22:28
Israel Braces for More Upheaval as Judicial Bill Edges Ahead
Israel is braced for a new wave of turmoil as Prime Minister Benjamin Netanyahu’s government pushes ahead with
2023-07-10 21:53
Millions of Chinese Staying Home Curb Southeast Asian Growth
Southeast Asian nations that were counting on Chinese travelers to drive tourism revenues and their economies post-Covid are
2023-07-10 11:24
Westpac Economist Bill Evans Steps Back, Replaced by RBA’s Ellis
Westpac Banking Corp.’s Bill Evans will shift from chief economist after more than 30 years in the role
2023-07-10 08:51
Rapid Descent in Ringgit Puts Malaysia’s Currency Stance to Test
The ringgit’s tumble toward a 24-year low is raising expectations that Bank Negara Malaysia will step in to
2023-07-10 08:18
Investors Balance Rate Risks, Boost for China Tech: Markets Wrap
Investors in Asian assets faced a host of competing forces as trading got underway in the region in
2023-07-10 07:24
Yellen’s China Trip Leaves Little Doubt Pan’s in Charge of PBOC
During Janet Yellen’s trip to Beijing, US officials sowed confusion over the role of Pan Gongsheng, who was
2023-07-10 06:27
Sovereign Investors Embrace Bonds and Gold, Invesco Survey Shows
The world’s sovereign investors are seeking to boost investment in bonds as yields rise, while a freeze on
2023-07-10 05:59
Nigeria’s First-Quarter Capital Inflows Drop 28% From a Year Ago
Capital inflows into Nigeria, Africa’s most populous nation declined 28% in the three months through March to $1.1
2023-07-10 01:57
Bonds on the Brink Reward EM Investors With Double-Digit Returns
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit
2023-07-09 20:23
ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-07-09 16:52