Could the June CPI report change the Fed's rate trajectory?
After the June jobs report showed a cooling but still-hot picture of the labor market, investors are looking to a key inflation report due Wednesday for more clues on the economy's health. But some investors say the results will likely do little to sway the Federal Reserve's interest rate trajectory.
2023-07-09 19:45
Labour’s Reeves Pledges Investment Despite Perilous UK Finances
The UK opposition Labour Party faces the prospect of regaining power against a backdrop of record high debt,
2023-07-09 18:52
Turkey aims to ensure fiscal discipline and lower budget deficit -Finance Minister
ISTANBUL Turkey is taking measures to re-establish fiscal discipline and control the level of the budget deficit, Finance
2023-07-09 16:56
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 16:56
ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-07-09 16:48
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:27
Ukraine Recap: US Cluster Bomb Decision Still Causing Waves
The US decision on Friday to provide controversial cluster bombs to Ukraine continues to cause waves, with some
2023-07-09 15:50
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
2023-07-09 15:27
Yellen’s China Trip Leaves Little Doubt Pan’s in Charge of PBOC
During Janet Yellen’s trip to Beijing, US officials sowed confusion over the role of Pan Gongsheng, who was
2023-07-09 14:48
Saudi Oil Cuts Throw Last Year’s Standout Economy Into Slow Lane
Saudi Arabia’s decision to extend its oil production cuts — part of a so far largely unsuccessful bid
2023-07-09 13:19
Privatized Britain’s Debt Load Is Now a Major Government Problem
For decades since they were privatized, the UK’s public service providers have favored inflation-linked bonds as a cheap
2023-07-09 13:17
The world is big enough for US and China, Yellen says as she concludes Beijing trip
The world is big enough for both the United States and China to thrive, US Treasury Secretary Janet Yellen said Sunday as she wrapped up a visit to Beijing aimed at stablizing the relationship between the world's two largest economies.
2023-07-09 10:23