China adds 1 trn yuan more of stimulus to rescue economy, bolster growth
China stepped up its economic stimulus with a further 1 trillion yuan ($146 billion) of measures to bolster growth and curb the fallout...
Guggenheim’s Minerd Sees More Losses for Junk Bonds, Stocks
(Bloomberg) — Guggenheim Partners Chief Investment Officer Scott Minerd is warning investors away from junk bonds and stocks because slowing economic growth and higher interest...
Stocks sink after Powell’s hawkish Jackson Hole message
U.S. stocks plunged in a steep sell-off Friday after Federal Reserve Chair Jerome Powell reiterated the central bank’s commitment to fight inflation in a hawkish...
Mexico Central Bank Debates Whether to ‘Decouple’ From US Fed
(Bloomberg) — Mexico’s central bank board is debating how closely to follow US interest rate rises, as members grapple with slowing growth and the fastest...
Opinion: The Federal Reserve’s Powell has a lot of explaining to do
The Federal Reserve runs a symposium in Jackson Hole, Wyoming, every year. It’s a rite of passage for many in central banking, in monetary economics...
Bridgewater’s Rebecca Patterson: Fed risks credibility in inflation fight
Rebecca Patterson, chief investment strategist at Bridgewater Associates, the world’s largest hedge fund, sat down with Pensions & Investments for its relaunch of Face to...
ECB Rate-setters Worried Weak Euro Would Feed Higher Inflation
European Central Bank rate-setters expressed mounting concern that the weak euro will feed higher inflation, which some feared may not be tamed even in an...
Letter: What occurs when belief in central banks erodes
In your well timed editorial “A pivotal second for the world’s central banks” (FT View, August 23) you word that “in charge financial policymakers wholly...
The housing market ‘in much worse shape’ than Fed wants to admit: Economist
The U.S. housing market is under pressure. Data this week on new home sales and pending home sales reflected sharp drops from last year and...
The Other Shoe Drops: Blackstone Landlord Halts Home Purchases In 38 Cities As Market Crashes
One month after we reported that home prices finally dropped for the first time in year, an observation echoed yesterday by Black Knight which also...