Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission
2023-07-10 03:27
Rutte’s Dutch Government Has Collapsed: Here’s What Comes Next
Dutch Prime Minister Mark Rutte’s government abruptly collapsed on Friday amid infighting over migration policy. Rutte, who’s led
2023-07-09 23:59
ECB’s Centeno Sees Inflation Slowing With Core Prices to Follow
European Central Bank Governing Council member Mario Centeno said he’s confident inflation has peaked and is quickly receding,
2023-07-09 22:15
Bonds on the Brink Reward EM Investors With Double-Digit Returns
Investors who stuck with bonds from countries that defaulted or are on the brink are betting the double-digit
2023-07-09 20:23
Yellen Says Still Too Early to Rule Out Risk of US Recession
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Treasury Secretary
2023-07-09 19:19
ECB Will Soon Reach Rate Peak at ‘High Plateau,’ Villeroy Says
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The European
2023-07-09 16:56
BOE’s Bailey Rejects Calls to Raise Inflation Target Above 2%
Bank of England Governor Andrew Bailey rejected the need for an inflation target higher than 2%, warning that
2023-07-09 16:46
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
2023-07-09 16:25
Britain’s Interest Rates Are Spiraling Into a National Obsession
On the same day that UK interest-rate expectations hit the highest since 1998, Bank of England Governor Andrew
2023-07-09 15:19
One Country’s Covid Restrictions Are Turning Into a Moneyspinner
Most countries couldn’t wait to dismantle travel curbs that were used to contain the coronavirus. Azerbaijan is gaining
2023-07-09 14:55
Ukraine’s 39-Year-Old Arms Chief Ramps Up Production in Face of Missile Hits
Just months after he was tapped to oversee Ukraine’s arms industry, Oleksandr Kamyshin says it produced more mortar
2023-07-09 14:26
Israel Says Iran-Backed Militia Is Setting Up Illegal Outposts
Israel says Hezbollah, an Iranian-backed militia in southern Lebanon, has set up more than two dozen military outposts
2023-07-09 13:50