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
Spain Moves to Suspend Football Chief Rubiales Over World Cup Kiss
The members of Spain’s champion women’s national team said they would refuse to play another game until the
2023-08-26 03:56
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
China Eases Home Purchase Rules in New Push to Boost Economy
China unveiled a further easing of its mortgage policies to halt a slump in its residential property market
2023-08-25 15:21
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
China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts
2023-08-22 11:22
Italy Faces Wider Budget Deficits on Meloni’s Tax-Cut Plans
Italy may slow down its deficit-reduction plans after the economy unexpectedly shrank, a move that would give the
2023-08-22 00:57
Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears
The US bond-market selloff resumed Monday, driving 10-year yields to a 16-year high, as the persistently resilient economy
2023-08-21 23:58
UK’s Cleverly Prepares to Visit China in Last Week of August
UK Foreign Secretary James Cleverly is set to visit China in the last week of August for talks
2023-08-21 22:50
Turkish Banks Warn of Risks in Plan to Curb Lira Protection Tool
Turkish lenders are complaining that tough targets imposed by authorities to curb a tool designed to support the
2023-08-21 22:47