Fed Officials Say Higher Interest Rates Are Needed to Reach 2% Inflation Goal
Three Federal Reserve officials on Monday said policymakers will need to raise interest rates further this year to
2023-07-11 01:26
Tech Giants Play Too Big a Role in US Indo-Pacific Trade Talks, Critics Say
Technology giants are drawing protests as they aggressively try to shape a new US trade deal with Australia,
2023-07-11 01:22
Banks Face Higher Capital Requirements in Plan From Fed’s Barr
Major banks are facing one of the biggest regulatory overhauls since the financial crisis, setting up a clash
2023-07-10 22:28
Israel Braces for More Upheaval as Judicial Bill Edges Ahead
Israel is braced for a new wave of turmoil as Prime Minister Benjamin Netanyahu’s government pushes ahead with
2023-07-10 21:53
China’s Inflation Rate Slows to Zero as Economic Woes Mount
China’s consumer inflation rate eased to zero in June while factory-gate prices fell further, underlining continued weakness in
2023-07-10 09:50
North Korea Threatens to Shoot Down US Spy Planes
North Korea accused US spy planes of violating its air space and threatened to shoot them down, ramping
2023-07-10 09:16
Yellen’s China Trip Offers Economic Guardrails in Tense Rivalry
Treasury Secretary Janet Yellen’s two-day engagement with top officials in Beijing offered a way for the US and
2023-07-10 08:54
Rapid Descent in Ringgit Puts Malaysia’s Currency Stance to Test
The ringgit’s tumble toward a 24-year low is raising expectations that Bank Negara Malaysia will step in to
2023-07-10 08:18
Sovereign Investors Embrace Bonds and Gold, Invesco Survey Shows
The world’s sovereign investors are seeking to boost investment in bonds as yields rise, while a freeze on
2023-07-10 05:59
Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission
2023-07-10 03:24
Yellen Says Still Too Early to Rule Out Risk of US Recession
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Treasury Secretary
2023-07-09 19:25
BOE’s Bailey Rejects Calls to Raise Inflation Target Above 2%
Bank of England Governor Andrew Bailey rejected the need for an inflation target higher than 2%, warning that
2023-07-09 16:52