Central banking

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…

This is ‘the end of the beginning’ of the battle against inflation, economist says

Central banks are at “the end of the beginning” in their battle against inflation, as several factors keep core prices…

Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show

Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…

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…