Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:54
BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’
There are early signs of investors fleeing from tech stocks after 1999-like rally formed a “baby bubble,” according
2023-06-23 19:50
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:24
Andrew Sentance Says Markets ‘Jumping The Gun’ With 6% Rate Bets
A former Bank of England policy maker who has criticized officials for failing to rein in inflation more
2023-06-23 18:29
Ex-BIS Official Remolona Is Next Philippine Central Bank Chief
The Philippines has tapped Eli Remolona, a member of the central bank’s policymaking board, to head the monetary
2023-06-23 18:15
Euro-Zone Activity Almost Stalls as Recession Rebound Fades
Economic momentum in the euro area almost came to a halt in June, signaling an end to the
2023-06-23 16:24
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:28
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:55
A 99% Stock Crash and Surprise Default Raise Alarm in Thailand
Only a year ago Stark Corp. looked like a Thai corporate success story. Backed by a wealthy local
2023-06-23 12:28
Stubborn UK Inflation Triggers a Mortgage Crisis for Millions
Britain’s mortgage market has become a horror show for borrowers and the government as soaring interest rates threaten
2023-06-23 12:21
Yen Traders on Verbal Intervention Watch as Weakness Extends
Tokyo’s FX traders are scanning the airwaves for official comments as the yen slumps toward levels where the
2023-06-23 11:27