Inflation blame game: UK economic woes set government and central bank on a collision course
LONDON — In January, with one eye on a critical general election in 2024, U.K. Prime Minister Rishi Sunak vowed…
China’s central bank gets a new party secretary
BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would…
Watch Fed Chair Jerome Powell speak live at a policy forum in Portugal
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a…
Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings
Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate…
ECB chief economist warns markets against pricing in rate cuts within the next two years
European Central Bank Chief Economist Philip Lane on Tuesday warned markets against pricing in cuts to interest rates within the…
Markets are pricing in rate cuts too soon, IMF’s Gopinath says
Major central banks will have to keep interest rates high for much longer than some investors expect, Gita Gopinath, first…
Watch Fed Chair Jerome Powell speak live to Senate banking panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Bank of England surprises with 50 basis point rate hike to tackle persistent inflation
LONDON — The Bank of England on Thursday surprised markets with a 50 basis point hike to interest rates, its…
Watch Fed Chair Powell speak live on rate hikes and more to a House panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
Powell expects more Fed rate hikes ahead as inflation fight ‘has a long way to go’
Federal Reserve Chairman Jerome Powell on Wednesday affirmed that more interest rate increases are likely ahead until additional progress is…
