Central Banks Should Press Ahead With Rate Rises Despite Bank Pains, Says OECD
EconomyThe research group doesn’t expect a repeat of the 2008 banking crisis despite financial strains and sees high inflation as...
Monetary Policy
China makes surprise rate cut to boost banking liquidity and the economy | CNN Business
Hong Kong CNN — China’s central bank has made a surprise cut to the amount of money that banks must...
The forgotten rescue plan that could prevent another SVB-like collapse | CNN Business
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The Fed needs to stop raising rates now, former FDIC chair says after Silicon Valley Bank failure | CNN Business
New York CNN — Sheila Bair, a top banking regulator during the 2008 financial crisis, says the stunning implosion of...
Jobs Report Offers Little to Change Interest Rate Outlook for the Fed
EconomyOfficials are weighing whether to raise the benchmark federal-funds rate by a quarter-point or a half-point Source link
The US economy added 311,000 jobs in February, outpacing expectations | CNN Business
Minneapolis CNN — The US economy added 311,000 jobs in February, according to the latest monthly employment snapshot from the...
The Fed wants to limit wage growth. That’s particularly bad for women | CNN Business
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Bank of Japan keeps low rates as Kuroda sticks to script at swan song meeting | CNN Business
Tokyo Reuters — The Bank of Japan (BOJ) maintained ultra-low interest rates on Friday and held off making changes to...
All this good economic news might actually be bad news for average Americans | CNN Business
New York CNN — The US economy has been remarkably resilient, defying a year’s-worth of recession calls. From the labor...
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase
EconomyU.S. EconomyFebruary reports on hiring, inflation will guide rate decision, central bank chair says in testimony Source link
Economy Week Ahead: U.S. Household Spending, Home Sales in Focus
EconomyEconomy Week AheadThe Federal Reserve also slated to release minutes about interest rates Source link
Fed’s Barkin Supports Measured Pace of Interest-Rate Increases
The central bank’s quarter-point rate-rise path gives greater flexibility, says Richmond Fed president. Source link
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...
U.S. Trade Deficit Hit Record in 2022
EconomyU.S. EconomyTrade gap rises to $948.1 billion as the U.S. continues to depend on imports to meet domestic demand Source...
Australia’s central bank signals more tightening ahead after hiking rates to decade high | CNN Business
Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on...
Economy Week Ahead: U.S. Trade in Focus
EconomyEconomy Week AheadFed Chairman Jerome Powell to speak at an event in Washington Source link
Larry Summers: More likely the Fed can pull off a soft landing, but don’t get hopes up | CNN Business
New York CNN — After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more...
Booming Job Gains Could Fuel Fed Debate Over Whether More Is Needed to Corral Inflation
EconomyU.S. EconomyOfficials seeking to fight inflation could face tricky decisions if wage growth slows and hiring stays strong Source link
Blackouts and soaring prices: Pakistan’s economy is on the brink | CNN Business
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next...
Employment-Cost Report Shows Worker Pay Gains Held Nearly Steady in Fourth Quarter
Employer spending on wages and benefits remained elevated last quarter but showed modest signs of cooling. Source link
