Why the Bank of England governor thinks uncertainty is here to stay despite a trade deal
Bank of England Governor Andrew Bailey told CNBC on Thursday that the U.K. was heading for more economic uncertainty, despite...
Interest Rates
'Wait for greater clarity': US Federal Reserve to hold off altering interest rates – Times of India
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs...
Buffett’s Berkshire Posts Record Cash as Operating Earnings Rise | International Business News – Times of India
Warren Buffett’s Berkshire Hathaway Inc. posted an increase in operating earnings as higher interest rates and fewer catastrophes benefited the...
Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
Rising Rates Make Big Companies Even Richer
The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting...
Why Central Bankers Are Unsure Whether They’ve Raised Rates Enough
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation....
How Hard Should the Fed Squeeze to Reach 2% Inflation?
The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers,...
Some Fed Officials Are Turning Cautious about Raising Rates Too High
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
China Slashes Rates, Suspends Youth Jobless Data as Economy Signals Sharper Downturn
Updated Aug. 15, 2023 3:35 am ETListen to article(2 minutes)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment...
What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed
What to Read Next Source link
Bank of England Raises Key Interest Rate by Quarter Percentage Point
The central bank increased its key rate for the 14th time in a row and said it may do so...
Why the Drivers of Lower Inflation Matter
Competing effects of central banks, healing supply chains affect recession odds. Source link
Bank of Japan Hints It Will Accept Higher Rates, Lifting Bond Yields
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
A Buoyant Global Economy Is Starting to Sag
Manufacturing activity is weakening, Europe has slipped into a mild recession, China’s rebound from Covid-19 is sputtering and heavy debt...
Economists Are Cutting Back Their Recession Expectations
Forecasters still expect GDP to eventually contract, but later, and by less, than previously. Source link
CPI Report Shows Inflation Eased to 3% in June
Inflation eased in June to its slowest pace in more than two years, but remained above the Federal Reserve’s goal....
Good News for the Fed: Shoppers See Lower Inflation on the Horizon
Americans believe that inflation rates for gasoline, education, medical care and food are near prepandemic levels. Source link
U.S. Inflation, Consumer Spending Growth Cooled in May
Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest...
Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
European Central Bank Raises Rates, Signals More Hikes to Come
The European Central Bank raised its key interest rate by a quarter percentage point, pressing ahead with its campaign against...
