WSJ News Exclusive | ECB Could Raise Rates Above 3.5%, Hold Them There, Official Says
WSJ News ExclusiveEurope EconomyComment by Irish central-bank governor could surprise investors who expect interest rates to peak in July Source...
WSJ News ExclusiveEurope EconomyComment by Irish central-bank governor could surprise investors who expect interest rates to peak in July Source...
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on...
New York CNN — After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more...
EconomyU.S. EconomyOfficials seeking to fight inflation could face tricky decisions if wage growth slows and hiring stays strong Source link
Employer spending on wages and benefits remained elevated last quarter but showed modest signs of cooling. Source link
EconomyEconomy Week AheadJob reports will gauge U.S. wages, openings and overall labor market, while Fed meets to consider raising rates...
U.S. economic growth cooled slightly to a 2.9% annual rate in the fourth quarter, capping a year of high inflation...
London CNN — Business activity across the 20 countries that use the euro expanded in January for the first time...
A stronger Chinese economy would boost demand for commodities but could also ease supply-chain bottlenecks—resulting in mixed signals for central...
A top Federal Reserve official said the recent decline in inflation was an important development that could raise questions over...
Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond...
The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to...
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
London CNN — The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central...
EconomyU.S. EconomyNovember existing-home sales fell 7.7% as Fed keeps raising interest rates Source link
WorldEuropeDecision follows a similar move by the Swiss National Bank on a busy day for Europe’s most influential central banks...
Most officials penciled in plans to raise rates above 5% next year, higher than previously expected. Source link
Minneapolis CNN — Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as...