European Central Bank raises rates by 25 basis points at June 2023 meeting
The European Central Bank on Thursday announced it is taking its main rate up by 25 basis points to 3.5%, diverging from a U.S. Federal...
China’s economic recovery is stalling. Here’s what to expect next
A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. Market watchers are anticipating the next steps from China’s...
Fed may be forced to defy market expectations and hike: Economist
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE),...
Global debt near record highs as the new monetary era triggers ‘crisis of adaptation’
HIROSHIMA, JAPAN – MAY 17: People walk beneath a banner promoting the Group of 7 (G7) summit at a shopping street on May 17, 2023...
European Central Bank set to slow rate hikes as financial conditions tighten
Christine Lagarde, president of the European Central Bank (ECB), pauses during a rates decision news conference in Frankfurt, Germany, on Thursday, March 16, 2022. Alex...
Here’s what to expect from today’s Federal Reserve announcement
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on March 22, 2023. Olivier Douliery |...
ECB policymakers are rethinking rate hikes after banking turmoil
A sign for the European Central Bank (ECB) outside the bank’s headquarters in Frankfurt, Germany, on Thursday, Feb. 2, 2023. Alex Kraus | Bloomberg |...
Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures
Potential fault lines surfaced on Tuesday over whether the Federal Reserve should proceed with interest rate increases next month as it studies the fallout from...
It’s the U.S., not Europe’s banking system that’s a concern, top economists say
A cargo barge on the River Rhine near the European Central Bank (ECB) headquarters at sunset in the financial district in Frankfurt, Germany, Bloomberg |...
Treasury yields slip as banking system concerns grow
U.S. Treasury yields fell on Friday as investors considered what the Federal Reserve’s interest rate policy expectations could mean for the economy. A slide in...