The case for the Federal Reserve to forgo an interest-rate hike strengthened in the eyes of some central bank watchers on Sunday following a coordinated global move to ease growing financial strains....
President Vladimir Putin urged Russia's billionaires on Thursday to put patriotism before profit, telling them to invest at home to shore up the economy in the face of Western sanctions.Addressing...
17/03/2023
Goldman Sachs Group Inc. boosted its estimate of the odds of a US recession to 35% over the next 12 months in response to increased uncertainty over the economic impact of bank stress.Source:...
16/03/2023
US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with the matter.Source:...
15/03/2023
Global financial stocks have lost $465 billion in market value in two days as investors cut exposure to lenders from New York to Japan in the wake of Silicon Valley Bank’s collapse.Source: Bloomberg
14/03/2023
US regulators said Silicon Valley Bank depositors would be fully repaid as they acted to shore up the banking system after the lender’s implosion, unveiling emergency funding measures and closing...
13/03/2023
Egypt’s central bank may have to raise interest rates by as much as 300 basis points when it meets later this month, after February’s inflation far surpassed expectations, according to Goldman Sachs...
10/03/2023
Forget about interest-rate cuts. The bond market is now pricing in a steeper path for monetary tightening by central banks around the world, raising the danger of recessions as policymakers struggle...
09/03/2023
All of a sudden, the prospect of US rates hitting 6% is becoming real enough for investors to rethink their strategies.BlackRock Inc. and Schroders Plc are among those who are weighing in on the...
08/03/2023
Conventional wisdom says the US will avoid a devastating federal payments default later this year. But conventional wisdom has proved spectacularly wrong months ahead of shocks that upended the world...
07/03/2023