Asia Stocks Look Set for Small Gains; Yen Weakens: Markets Wrap
Asian stocks appeared poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 09:17
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:49
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-28 04:47
Slower US Job Growth to Support Fed Patience
Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further
2023-08-27 14:26
German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:54
BOE’s Broadbent Warns UK Rates Need to Remain High for Some Time
The Bank of England will have to keep interest rates high for longer because inflation will not fade
2023-08-27 03:22
Fed Latest: China Still Embedded in US Supply Chain, Paper Finds
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:58
Fed Latest: Bernstein Sees US Maintaining Pay Gains, Easing CPI
The chair of President Joe Biden’s Council of Economic Advisers, Jared Bernstein, said the US can maintain strong
2023-08-26 06:55
ECB’s Nagel Says Much Too Early to Consider Rate Hike Pause
European Central Bank Governing Council member Joachim Nagel said that he’s not convinced inflation is under control enough
2023-08-25 15:22
Asian Bonds Beat Emerging Peers Who Have Rate Cut Advantage
Emerging Asia ex-China bonds have beaten their developing-nation peers this quarter, and this outperformance looks set to continue
2023-08-24 14:21
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright
2023-08-23 17:16
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:17