Central banking

Central banks look to have hit peak rates. Here’s how markets think they’ll come down

The world’s major central banks paused their interest rate hiking cycles in recent weeks and with data suggesting economies are…

Bank of England governor says Israel-Hamas conflict poses risks to inflation fight

Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to…

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…

Credit Suisse intervention avoided ‘financial crisis,’ Swiss National Bank chairman says

Swiss National Bank Chairman Thomas Jordan on Wednesday said the central bank’s interventions during the fall of Credit Suisse were…

Watch live: ECB President Christine Lagarde speaks after opting to hold rates

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a…

European Central Bank holds interest rates steady after 10 consecutive hikes

The European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly…

Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here’s what he could say

Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with markets bracing that…

Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases…