15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…
What new norm of slower Chinese growth could mean for the global economy
The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after…
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point
The U.S. Federal Reserve, Bank of Japan and European Central Bank will all announce key interest rate decisions this week,…
UK inflation rate slides to 7.9% in June, below expectations
LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually. Economists polled by Reuters…
Ukraine seeks to lure global firms from Moscow as Danone and Carlsberg assets seized
Ukraine is urging global companies to divest from Russia and relocate to its war-stricken neighbor, as Moscow continues to seize…
Fed banking regulator warns A.I. could lead to illegal lending practices like excluding minorities
The Federal Reserve’s top banking regulator expressed caution Tuesday about the impact that artificial intelligence can have on efforts to…
Goldman Sachs cuts odds of a U.S. recession in the next year
Goldman Sachs revised down the odds of a U.S. recession happening in the next 12 months, cutting the probability down…
St. Louis Fed President Bullard says he’s stepping down in August
The St. Louis Federal Reserve announced Thursday that Jim Bullard will step down from his post as president, effective Aug.…
Strategist David Roche says we’ll avoid a global recession, central banks will ‘change the goalposts’
The global economy will likely avoid a recession and central banks will need to “change the goalposts” on inflation, according…
June wholesale prices rise less than expected in another encouraging inflation report
The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that…
