Central Bank Should Weigh Asset Sales to Curb Inflation, Says Fed Official
A top Federal Reserve official said the central bank should consider selling bonds from its $9 trillion asset portfolio to address high inflation and guard...
Corporate Bonds in Europe Suffer Biggest Fall Since Pandemic Began
Corporate bonds in Europe have taken their biggest hit since 2020 over the past week after a sudden pivot from the European Central Bank toward...
How there’s been a Greenspan-sized tightening to the economy even before the first Fed hike
Is the Federal Reserve loosening or tightening policy right now? That seems like a silly question. Interest rates are still barely above zero, and this...
The most small businesses since 1974 are raising prices due to inflation, NFIB says
The number of small businesses that raised prices on customers in January rose to a 48-year high, reflecting higher costs of labor and materials amid...
Turkish president Erdoğan fires government statistics chief as inflation rate skyrockets
ISTANBUL (AP) — Turkey’s president has fired the head of the Turkish Statistical Institute, which is responsible for posting official inflation statistics, among other data,...
$30 Trillion in Government Debt and Counting
By The Editorial Board Close The Editorial Board Updated Feb. 2, 2022 10:01 pm ET Photo: Getty Images News Tuesday that gross U.S. government debt...
Stemming a Sovereign-Debt Crisis – WSJ
Rising interest rates and slowing global economic growth likely will spur many low-income countries to try to restructure their sovereign debt. This is troubling because...
Grocery Stores Cut Hours, Services as Omicron Infects Workers
Some U.S. supermarkets are reducing hours and cutting services as Covid-19’s Omicron variant infects cashiers, baggers and stockers, deepening grocery chains’ staffing challenges. Across the...
Gold logs highest price of 2022 so far because its ‘a rocket ship and inflation is its fuel’
Gold futures climbed on Wednesday for a fourth straight session, settling at their highest level of the year so far, as the U.S. dollar and...
Gold futures post highest finish in nearly a week after Powell’s testimony
Gold futures posted their highest finish in nearly a week on Tuesday, with comments from the Federal Reserve’s Jerome Powell doing little to sway expectations...