Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…
China’s deflation could spill over into a global concern, economists say
China’s economic challenges have given rise to deflationary pressures that present a global concern and are likely to accelerate in…
Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes…
UBS ends Credit Suisse’s government and central bank protections
UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a…
Interest rates should stay around 5% for longer — even as inflation falls, top economist Jim O’Neill says
Veteran economist Jim O’Neill says central banks will need to keep interest rates up around 5% across major economies for…
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
[The stream is slated to start at 7:00 a.m. ET. Please refresh the page if you do not see a…
Bank of England’s next move divides economists as data paints a mixed picture
LONDON — Market expectations are split over the Bank of England’s next monetary policy move on Wednesday, as policymakers near…
The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…
Watch live: ECB President Christine Lagarde speaks after rate decision
[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 raises rates by a quarter percentage point, says inflation set to remain ‘too high for too long’
The European Central Bank on Thursday announced a new rate increase of a quarter percentage point, bringing its main rate…
