September consumer confidence falls the most in three years
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears…
Britain’s finance minister calls for spending discipline but no return to austerity
Liverpool, ENGLAND — U.K. Finance Minister Rachel Reeves vowed on Monday that Britain will not return to austerity, but said…
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
Bank of England presses pause on rate cuts, highlights ‘gradual approach’
LONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in…
Ray Dalio says the Fed has a tough balancing act as the economy faces ‘enormous amount of debt’
As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid-19 pandemic, billionaire investor Ray Dalio…
Ray Dalio names the top five forces shaping the global economy
SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. …
Former Dallas Fed President Kaplan advocates for a half-point interest rate cut
If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
Federal Reserve officials head into their policy meeting Tuesday closer to their goal of low inflation, but how much they…
Interest payments on the national debt top $1 trillion as deficit swells
The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its…
Wholesale prices rose 0.2% in August, in line with expectations
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…
