Your Saturday UK Briefing: Problems in the UK? Blame Inflation
Hello from London, where as one of our senior editors put it, a recession is fine as long
2023-05-27 20:24
Swedish Landlord SBB Gets Second Junk Rating as Crisis Worsens
Pressure is mounting on the landlord at the center of Sweden’s property crisis after the company’s credit rating
2023-05-27 18:23
What Milton Friedman Wrote to Otmar Issing at Creation of ECB
When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago,
2023-05-27 14:28
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:45
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:15
Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about
2023-05-27 05:28
Yellen Sets June 5 as Default Date in US Debt-Ceiling Standoff
Treasury Secretary Janet Yellen said her department estimates it will run out of funding by June 5 if
2023-05-27 05:17
Polish Lawmakers Pass Plan Offering Cheap Mortgages for First-Time Homebuyers
Polish parliament approved a program to increase home-ownership that will offer 2%-interest on mortgages for first-time buyers. Faced
2023-05-27 01:51
Soaring Real Yields Suggest Fed’s Inflation Battle Isn’t Over
A breakout in a closely watched corner of the bond market is signaling the Federal Reserve has more
2023-05-27 00:47
McCarthy Notes Progress as Debt-Limit Talks Narrow Toward Deal
House Speaker Kevin McCarthy said talks on the debt ceiling resumed Friday, with negotiations stretching into the final
2023-05-27 00:22
Fed’s Mester Says ‘Everything’ on the Table for June Rate Action
Federal Reserve Bank of Cleveland President Loretta Mester said she wouldn’t rule out raising interest rates again next
2023-05-27 00:18
Hot Inflation Puts Another Fed Hike In Play for June or July
More disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition
2023-05-26 23:58