Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
If there was any doubt before, Federal Reserve Chair Jerome Powell has pretty much cemented the likelihood that there won’t…
Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’
One of the International Monetary Fund’s top economists signals little risk of a global recession, despite the ongoing rumblings of…
High company valuations a ‘worry,’ IMF’s capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF’s…
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Inflation in the U.K. eased to 3.2% in March from 3.4% in February, the Office for National Statistics said on…
Regional bank earnings may expose critical weaknesses, former FDIC Chair Sheila Bair warns
Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.…
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back…
