Rate Cliff Awaits Global Economy After Higher-for-Longer Plateau
The new higher-for-longer stage of global monetary policy may last only until the early months of 2024 as
2023-10-08 21:26
Investor in Evergrande’s Electric Car Unit to Pause Payments
The electric vehicle unit of defaulted property developer China Evergrande Group said Dubai-based NWTN Inc. will suspend carrying
2023-10-08 21:20
ECB’s Lagarde Says IMF Has Cut Global Growth Forecasts Except US
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. European Central
2023-10-08 20:46
Kenya’s Ruto, AfDB’s Adesina Say Tackling Climate Depends on Africa Debt Fix
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10
2023-10-08 19:30
As Israel War Rages, Oil Traders Are Focused on Iran
As oil traders prepare for the market to open after the sudden eruption of war in Israel, one
2023-10-08 18:45
Visco Sees Concerns About Italy’s Long-Term Growth Potential: FT
The recent surge in Rome’s borrowing costs show investors are positioning for a combination of weak growth and
2023-10-08 17:15
Finland Reports Suspected Leak in Baltic Undersea Gas Pipeline
A suspected leak was detected overnight in an undersea gas pipeline connecting the Finnish and Estonian grids. Just
2023-10-08 16:51
Euro Parity Is Back on the Market’s Radar as US Yields Surge
It’s been less than a year since one euro was worth a dollar, and talk of the common
2023-10-08 16:16
Lagarde Confident ECB’s Policy Will Bring Inflation Back to Goal
The European Central Bank’s policy will help tame inflation, according to President Christine Lagarde. “We want to bring
2023-10-08 09:53
US Inflation Seen Corroborating Higher-for-Longer Fed
Underlying US inflation is seen rising at a monthly pace that corroborates the message from central bankers that
2023-10-08 04:46
Fading Optimism on Rates Signals Trouble Ahead for $425 Billion Debt Wall
Friday’s sizzling jobs report is bolstering the probability of another Federal Reserve rate increase this year, adding to
2023-10-08 03:47
Fed’s Bowman Sees Need for Higher Rates to Curb Prices
Federal Reserve Governor Michelle Bowman said she’s sticking with her call that interest rates will likely need to
2023-10-08 01:59