China’s Inflation Warning Raises Bar for Further PBOC Easing
(Bloomberg) — The People’s Bank of China said it will safeguard the economy against inflation threats, pledging to avoid massive stimulus and excessive money printing...
Treasury Yield Curve Inversion Has Scope to Deepen, BofA Says
(Bloomberg) — The US Treasury yield curve could invert more deeply than at any time since the 1980s, if Bank of America’s estimates about the...
US inflation slips from 40-year peak but remains high 8.5%
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still...
QT Kicks Off at the ECB: Assets Fell by €91 Billion from Peak
Raging inflation ends an absurdity. By Wolf Richter for WOLF STREET. Total assets on the ECB’s gargantuan balance sheet as of August 5, released today, dropped by €18...
Will Powell Pivot? Don’t Count On It
Stocks are rallying on hopes that Jerome Powell and the Fed will stop increasing interest rates this fall, pivot, and start reducing them next year....
Nasdaq, S&P 500 retreat as rate hike fears cool stock rally
U.S. producer prices fall in July, underlying inflation slows Disney tops Netflix on streaming subscribers, shares jump U.S. weekly jobless claims rise for second straight...
European Energy Crisis Deepens as Power Prices Reach Records
(Bloomberg) — European power prices rose to fresh records on Thursday as a heatwave limits energy supplies and wildfires rage across France. Most Read from...
Fed Leaders, Unswayed by Softer CPI, See Rate Hikes Into 2023
(Bloomberg) — Federal Reserve officials responded to softening inflation data by saying it doesn’t change the US central bank’s path toward even higher interest rates...
Mexico, Peru, Argentina Set for New Rate Hikes: Decision Guide
(Bloomberg) — Mexico and Peru’s central banks are expected Thursday to hike their key interest rates to the highest point in more than a decade,...
China’s Inflation Warning Raises Bar for Further PBOC Easing
(Bloomberg) — The People’s Bank of China said it will safeguard the economy against inflation threats, pledging to avoid massive stimulus and excessive money printing...