Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
WASHINGTON, Aug 21 (Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at...
BlackRock Olivia Markham: Gold fever
The gold price tipped over $2000 an ounce in April, matching its highest level ever. The last time gold reached these levels was during the...
Fed meeting minutes could hint at end of rate hikes
WASHINGTON, Aug 16 (Reuters) – The minutes of the Federal Reserve’s policy meeting last month may indicate on Wednesday how many policymakers feel the U.S....
Fed set to launch long-awaited instant payments service, modernizing system
July 20 (Reuters) – The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country’s payment system...
NY Fed report finds Americans increasingly facing borrowing headwinds
[1/2]An American Express and a Visa credit cards are seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration July...
S&P Global’s top economist sees dollar dominance diminishing
LONDON, July 11 (Reuters) – The dollar’s grip as the dominant global currency is loosening, credit rating agency S&P Global’s top economist said on Tuesday....
UBS urges investors to seek refuge in US Treasury, gold on heightened recession concern in second half
Investors should add haven assets like bonds and gold to their portfolios as the US is likely to slide into a recession, prompting the Federal...
Shares fall after little Fed surprise, China data and trade in focus
[1/2]Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26,...
Bankruptcy filings surge in first half of 2023 in US, Epiq says
July 3 (Reuters) – U.S. Chapter 11 bankruptcy filings jumped 68% in the first half of 2023 from a year earlier, Epiq Bankruptcy, a provider...
US yield curve hits deepest inversion since 1981: What is it telling us?
NEW YORK, July 3 (Reuters) – (This July 3 story has been corrected to change Allspring Global Investments to Annex Wealth Management in paragraph 13)...