Inflation report Tuesday will be critical for the direction of Fed policy
Inflation data from May will show that the price increases that have been bedeviling consumers for the past two years…
Investors are eyeing China’s neighbors as the recovery from ‘zero-Covid’ slows
China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to…
Euro zone enters recession after Germany, Ireland growth revision
The euro zone entered a recession in the first quarter of this year, and economists are not optimistic for the…
China’s big banks cut deposit rates, signaling monetary easing ahead
BEIJING — China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an…
World Bank sees major economies growing at much slower pace thanks to higher rates and banking stress
Higher rates and overhangs from this year’s banking crisis will drastically slow economic growth for the biggest global economies, the…
IMF chief says there’s no significant slowdown in lending and the Fed may need to do more
The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…
Here’s what to watch out for in Friday’s jobs report for May
Watching the monthly jobs reports this year has been something of a waiting exercise, with economists and market participants looking…
German minister calls for maturity on U.S. debt ceiling talks: ‘We have to avoid further risks’
German Finance Minister Christian Lindner hopes American lawmakers will be “mature” over the debt ceiling negotiations to avoid further headwinds…
Traders raise the chances for a Fed rate cut following April inflation report
Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…
Here’s the inflation breakdown for April 2023, in one chart
Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…
