Exclusive: China tells banks to roll over local government debts as risks mount – sources
A taxi drives in front of skyscrapers at the central business district, including AIA Central, China Construction Bank (CCB) Tower, Bank of China Tower, Cheung...
As global debt worries mount, is another crisis brewing?
Higher rates feed developed economy debt worries Huge spending needs, interest payments to keep debt high U.S., Italy, Britain most concerning Credible spending plans, tax...
Fed’s Powell faces ‘what, me worry?’ moment of spiking bond yields, war, political stalemate
WASHINGTON, Oct 16 (Reuters) – Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their...
Argentina central bank hikes key rate to 133% as inflation worsens
The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian/File Photo Acquire Licensing Rights...
Bonds ‘in greatest bear market of all time’, Bank of America says
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights LONDON, Oct 6 (Reuters) – The rout...
Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
China central-bank adviser proposes structural reforms to revive economy
[1/2]Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30,...
Fed losses breach $100 billion as interest costs rise
NEW YORK, Sept 15 (Reuters) – Federal Reserve losses breached the $100 billion mark, central bank data released on Thursday showed, and they’re likely to...
Argentina inflation hits 124% as cost-of-living crisis sharpens
BUENOS AIRES, Sept 13 (Reuters) – Argentina’s annual inflation rate shot up to 124.4% in August and hit its highest level since 1991, stoking a...
DoubleLine’s Gundlach expects Fed rate cuts in first half of 2024
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing Rights...