Voters blame businesses more than Biden for sticky inflation
President Joe Biden is starting to win the inflation blame game against corporations. A recent Financial Times-Michigan Ross online poll…
A key inflation reading is due out Tuesday morning. Here’s what to expect
Rising gasoline prices likely put a floor under inflation in February, potentially reinforcing the Federal Reserve’s decision to take a…
Powell reinforces position that the Fed is not ready to start cutting interest rates
Federal Reserve Chair Jerome Powell on Wednesday reiterated that he expects interest rates to start coming down this year, but…
Egypt hikes interest rates by 600 basis points, pound crumbles to record low
Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600…
China’s central bank governor says there’s room to cut banks’ reserve requirements
BEIJING — The heads of China’s central bank and economic planning agency signaled that authorities would be willing to take…
Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how…
Nigeria battles to halt spiraling currency crisis and rising food insecurity
Nigeria is battling to contain a historic currency crisis and soaring inflation, with the International Monetary Fund on Monday warning…
Turkish annual inflation soars to 67% in February
Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations.…
This shift in the Treasury market may set investors up for solid gains
Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds…
