Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:24
Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about
2023-05-27 05:15
AI Is Becoming the Stock Market’s Answer to Everything
Rarely does a tech-powered stock rally come along that isn’t pilloried for the fragility of its foundation. Now,
2023-05-27 04:21
McCarthy Notes Progress as Debt-Limit Talks Narrow Toward Deal
House Speaker Kevin McCarthy said talks on the debt ceiling resumed Friday, with negotiations stretching into the final
2023-05-27 00:16
Hot Inflation Puts Another Fed Hike In Play for June or July
More disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition
2023-05-26 23:56
Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target,
2023-05-26 23:20
Ramaphosa Sets Powers for Minister to Address Energy Crisis
South African President Cyril Ramaphosa allocated a range of powers to his electricity minister to help address the
2023-05-26 18:51
Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 17:55
Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:29
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:59
French Grocer Casino to Talk With Creditors as Conciliation Process Starts
Casino Guichard-Perrachon SA said it will start debt talks with creditors after a Paris court decided to open
2023-05-26 13:58
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:52