Italy’s Exports to China Are Booming and It’s Not Clear Why
Italy’s exports to China have tripled in little more than a year. The problem is, even the experts
2023-05-15 09:46
Argentina to Boost Rates by 600 Basis Points as Inflation Soars
Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points
2023-05-14 22:21
ECB’s Visco Says More Caution, Data-Dependency Needed on Rates
The European Central Bank needs to stick carefully to a data-dependent approach in weighing when and how much
2023-05-13 14:22
Petro Says Colombia Must Respond to High Rates With Tariffs
Colombian President Gustavo Petro urged commercial banks to cut interest rates on loans and added that central bank
2023-05-13 10:25
Chile Holds Interest Rate Unchanged With Inflation Trudging Toward Target
Chile’s central bank held its interest rate steady for the fourth straight meeting and signaled it still isn’t
2023-05-13 08:18
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:50
Fraudulent Jobless Claims in Massachusetts Boosted Recent US Data
Fraudulent applications for unemployment benefits in Massachusetts have been behind a recent uptick in claims in the state,
2023-05-13 01:45
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
2023-05-13 01:15
US Consumer Long-Term Inflation Expectations Hit 12-Year High
US long-term inflation expectations unexpectedly accelerated in early May to a 12-year high and consumer sentiment soured, reflecting
2023-05-12 22:24
Singapore Extends MAS Chief Menon’s Term For Up to Two Years
Singapore extended the term of its central bank chief Ravi Menon by up to two years. The re-appointment
2023-05-12 20:18
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:23
Malaysia Economy Grows Faster Than Expected Amid Global Slowdown
Malaysia’s economic growth beat expectations in the first quarter of the year, with robust domestic demand justifying the
2023-05-12 12:29