Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:17
Only Labour Can Fix the NHS, Says Boris Johnson’s Vaccine Czar
The National Health Service is “hopeless” and needs a “complete restructuring,” says the woman behind one of its
2023-06-15 12:28
BOE’s Interest Rate Hikes Are Taking Longer to Curb UK Inflation
A shift in Britain’s mortgage market is delaying the impact of higher interest rates on the economy, increasing
2023-06-15 12:23
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:50
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:20
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:17
Yen Falls to 7-Month Low as Traders Shift Focus From Fed to BOJ
The yen weakened to its lowest since November as traders shifted their focus from a hawkish Federal Reserve
2023-06-15 10:59
Japan govt says volatile forex market 'undesirable'
TOKYO Japan's top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and
2023-06-15 10:58
Australia’s Yield Curve Inverts for First Time Since 2008
Australia’s yield curve inverted for the first time since the financial crisis as traders increasingly priced in the
2023-06-15 10:54
Taiwan Likely to Pause Rate Hikes as Inflation Slows, Fed Holds
Taiwan’s central bank will likely keep rates on hold for the first time since 2021 at its board
2023-06-15 10:48
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:22