Gold futures mark their second highest settlement on record
Gold futures climbed sharply on Thursday, with a weaker U.S. dollar and expectations that the Federal Reserve may cut interest rates this year lifting most-active...
Gold futures settle above $2,000 an ounce for a sixth session in a row
Gold futures advanced on Tuesday, with the most-active futures contract on track to settle above the $2,000 level for a sixth straight session, as a...
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...
Ballooning National Debt Is a Rotten Legacy
William A. Galston writes the weekly Politics & Ideas column in the Wall Street Journal. He holds the Ezra K. Zilkha Chair in the Brookings...
Fed’s Bullard doesn’t see a looming credit crunch that would push economy into a recession
In the wake of the collapse of Silicon Valley Bank, conventional wisdom has been that banks will cut lending, known as a credit crunch, that...
‘We are going to see parts of the economy break’: Recession fears move back to the forefront of markets
Investors are reconsidering the risk that the U.S. economy could be about to tip into a recession, following data this week which revealed the red-hot...
A Rapid-Finance World Must Ready for a Slow-Motion Banking Crisis: WSJ
Though the Fed and FDIC have stopped contagion from SVB for now, smaller banks could face pressure for years to come. [ad_2] Source link...
Opinion: ‘Most U.S. banks are technically near insolvency, and hundreds are already fully insolvent,’ Roubini says
In January 2022, when yields on U.S. 10-year Treasury bonds TMUBMUSD10Y, 3.511% were still roughly 1% and those on German Bunds were -0.5%, I warned that inflation would be bad...
Small Banks Are Losing to Big Banks. Their Customers Are About to Feel It: WSJ
Banks too big to fail are gaining deposits: “How can I compete for new business with that big enchilada out there?” [ad_2] Source link...
How the Bank Mess Can Hit Home Buyers
Lenders probably aren’t going to be buying many mortgage bonds, which could put upward pressure on mortgage rates. [ad_2] Source link...