Bond Market Is Adjusting to ECB’s Higher-for-Longer Pledge
The European Central Bank’s message that interest rates will stay higher for longer is finally sinking in with
2023-09-25 22:54
ECB's Lagarde bets that rates held at record high will curb inflation
FRANKFURT The European Central Bank's record high deposit rate could help cut inflation to 2%, ECB President Christine
2023-09-25 22:53
Interest rates will stay high 'as long as necessary,' the European Central Bank's leader says
The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
2023-09-25 22:45
Lagarde Repeats ECB Rates to Stay Restrictive as Long as Needed
European Central Bank President Christine Lagarde reiterated that borrowing costs will remain elevated for as long as needed
2023-09-25 21:58
Bernanke Review at BOE to Probe Use of Market Rates in Forecasts
Ben Bernanke’s review into the Bank of England’s forecasting process will look into whether the market path for
2023-09-25 21:58
Fed’s Goolsbee Says Soft Landing Possible, But Risks Remain
Federal Reserve Bank of Chicago President Austan Goolsbee said it’s possible for the US to avoid a recession
2023-09-25 21:45
What are legacy admissions — and do colleges need them?
Legacy college admission is an advantage given at birth, in which the children of a school's alumni receive special consideration in the college admissions rat race. But after the US Supreme Court overturned race-based admissions over the summer, attention toward this already criticized practice intensified.
2023-09-25 21:28
Airbus picks sales chief Scherer to run jetmaking arm -sources
By Tim Hepher PARIS (Reuters) -Airbus is set to appoint sales chief Christian Scherer as the head of its core
2023-09-25 20:55
Consumers are still spending on nice things, if they're on trend
American consumers aren't tired of shopping. They're shopping more prudently, with an eye on getting the best value, sure. But they're also rewarding the stores that are betting big on the right trends at the right time, for the right price.
2023-09-25 20:51
Goldman, HSBC join forces with other banks on client disclosures
By Sinead Cruise and Elizabeth Howcroft LONDON Goldman Sachs and HSBC are among a group of five banks
2023-09-25 20:28
Sterling hits fresh multi-month lows on dollar and euro
By Alun John LONDON The pound dipped to its lowest in six months against the dollar and its
2023-09-25 20:16
Europe's trade chief promises more 'assertive' approach to China as deficit soars
China's unfair trade practices have forced the European Union to become more assertive in its dealings with the world's second largest economy, the bloc's commissioner for trade said Monday during a trip to Beijing.
2023-09-25 20:15