Federal Reserve Chair Jerome Powell is expected to echo fellow central bankers in suggesting interest rates will go higher than policymakers anticipated just weeks ago if economic data continue to...
President Joe Biden’s choice for Federal Reserve vice chair will signal where he stands on combating inflation — and whether he agrees with restive progressives worried that the central bank’s rate...
03/03/2023
Federal Reserve Chair Jerome Powell and his colleagues confront a “legitimate head scratcher” as they probe how high to raise interest rates in the coming months: Why is wage growth slowing if the...
02/03/2023
In the worst political showdown over the US debt limit to date, a little-known former Treasury official in 2011 helped convince lawmakers that raising the ceiling was the only option. He’s back at it...
01/03/2023
The Reserve Bank of India is set to lift its benchmark interest rate by another quarter-point to tame inflation that accelerated faster than expected last month, according to a Bloomberg survey of...
28/02/2023
President Vladimir Putin said on Thursday that Russia would pay increased attention to boosting its nuclear forces by deploying a much delayed new intercontinental ballistic missile, rolling out...
24/02/2023
Federal Reserve officials could shed light on how many policymakers saw the case for a larger interest-rate increase at their last meeting and whether they anticipated the need to take rates higher...
23/02/2023
China’s economic activity accelerated in February as many residents returned to work after an extended Lunar New Year break, clogging roads in major cities and spending more at restaurants and shops....
22/02/2023
Japan’s benchmark yield rose above the central bank’s ceiling for the first time since its January meeting as traders continued to bet on further policy tweaks.Source: Bloomberg
21/02/2023
Chinese lenders followed the central bank by keeping their benchmark lending rates unchanged Monday, with analysts expecting possible reductions in coming months to support the economic recovery....
20/02/2023