ECB’s Visco Says More Caution, Data-Dependency Needed on Rates
The European Central Bank needs to stick carefully to a data-dependent approach in weighing when and how much
2023-05-13 14:26
Petro Says Colombia Must Respond to High Rates With Tariffs
Colombian President Gustavo Petro urged commercial banks to cut interest rates on loans and added that central bank
2023-05-13 10:29
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:20
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45
Fraudulent Jobless Claims in Massachusetts Boosted Recent US Data
Fraudulent applications for unemployment benefits in Massachusetts have been behind a recent uptick in claims in the state,
2023-05-13 01:48
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
2023-05-13 01:25
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
Singapore Extends MAS Chief Menon’s Term For Up to Two Years
Singapore extended the term of its central bank chief Ravi Menon by up to two years. The re-appointment
2023-05-12 20:18
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:24
Malaysia Economy Grows Faster Than Expected Amid Global Slowdown
Malaysia’s economic growth beat expectations in the first quarter of the year, with robust domestic demand justifying the
2023-05-12 12:18
G-7 Finance Chiefs to Add New Supply-Chain Proposal in Statement
Finance chiefs from the world’s rich economies are set to propose a new partnership on supply chains that’ll
2023-05-12 11:54
Peru Holds Key Rate for a Fourth Month as Inflation Cools
Peru left borrowing costs unchanged for the fourth straight month as inflation finally begins to cool at rates
2023-05-12 07:50