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Central banking

Moody’s is negative on Asia’s sovereign creditworthiness

by Walter Watson
Moody’s is negative on Asia’s sovereign creditworthiness

Moody’s Investors Service has a negative outlook for sovereign creditworthiness in Asia-Pacific this year, due to China’s slower economic growth as well as tight funding and geopolitical risks. China’s rebound …

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Israel’s ban on Palestinian workers is hurting its economy: Central bank

by Walter Watson
Israel’s ban on Palestinian workers is hurting its economy: Central bank

Amir Yaron, governor of the Bank of Israel, speaks during an interest rates news conference in Jerusalem, Israel, on Monday, Nov. 27, 2023. Kobi Wolf | Bloomberg | Getty Images …

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Markets risk being ‘self-defeating’ with rate cut bets: ECB member

by Walter Watson
Markets risk being ‘self-defeating’ with rate cut bets: ECB member

Markets are “getting ahead of themselves” with rate cut expectations, the president of the Dutch central bank, Klaas Knot, told CNBC Wednesday. “The problem for us is that in the …

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UK inflation rate surprises with rise to 4%, led by alcohol and tobacco

by Walter Watson
UK inflation rate surprises with rise to 4%, led by alcohol and tobacco

Andresr | E+ | Getty Images LONDON — U.K. inflation unexpectedly nudged upwards to 4% year-on-year in December, fueled by a rise in alcohol and tobacco prices. This was the …

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Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut

by Walter Watson
Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut

Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saphir …

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St. Louis Fed names former Tudor executive Alberto Musalem as new president

by Ron Morgan
St. Louis Fed names former Tudor executive Alberto Musalem as new president

St. Louis Fed names Alberto G. Musalem as new president. Source: St. Louis Federal Reserve Economist Alberto Musalem was named the next president and CEO of the Federal Reserve Bank …

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Rate cuts likely, but path highly uncertain

by Walter Watson
Rate cuts likely, but path highly uncertain

Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little in the way of when that might occur, according to …

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investors prepare for the new year ahead

by Walter Watson
investors prepare for the new year ahead

U.S. Treasury yields were higher on Friday as investor attention remained focused on the path ahead for the economy and monetary policy. At 4:11 a.m. ET, the yield on the …

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Some in BOJ called for debate on future exit from easy policy

by Walter Watson
Some in BOJ called for debate on future exit from easy policy

Kazuo Ueda, governor of the Bank of Japan (BOJ), attends a council meeting at business lobby Keidanren (Japan Business Federation) in Tokyo, Japan, on Monday, Dec. 25, 2023. Ueda pointed …

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The U.S. avoided a recession in 2023. What’s the outlook for 2024?

by Walter Watson
The U.S. avoided a recession in 2023. What’s the outlook for 2024?

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.  Scott Olson | Getty Images Heading into 2023, the predictions were nearly unanimous: a …

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