Charting the Global Economy: US Inflation Cools; BOE Hikes Rates
US inflation showed more signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases
2023-05-13 18:20
Best streaming deals this week: A Netflix loophole from Verizon and more
UPDATE: May. 13, 2023, 5:00 a.m. EDT This post has been updated with the latest
2023-05-13 17:52
G-7 Finance Chiefs Boost Ukraine Aid, Propose Supply Chain Plan
Group of Seven finance chiefs put more aid on the table for Ukraine, set up a new supply
2023-05-13 15:49
Ukraine Latest: Kyiv Hit With Sixth Drone Attack This Month
Russia attacked Ukraine’s capital with drones early Saturday for the sixth time since the beginning of May. President
2023-05-13 15:27
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
Hunt Says US Debt Impasse Poses Serious Threat for World Economy
UK Chancellor of the Exchequer Jeremy Hunt warned the US debt ceiling impasse poses a serious risk for
2023-05-13 14:24
How BOE Went From Warning About 5% Rates to Closing In on Them
The Bank of England has changed its outlook dramatically since inflation first breached the 2% target in May
2023-05-13 13:55
US Transportation Department Discloses Data Breach
The US Transportation Department said it had been hit by a data breach involving its administrative systems. A
2023-05-13 10:55
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
Fed’s Jefferson Says Inflation High, But Policy ‘On Track’
Federal Reserve Governor Philip Jefferson said progress on inflation this year has been “mixed,” but noted that policy
2023-05-13 09:56
Yellen to Update Congress on Default Timing Within Two Weeks
Treasury Secretary Janet Yellen said she expects to update Congress within the next two weeks on how close
2023-05-13 09:48
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