U.S. Treasury yields: investors digest economic data
U.S. Treasury yields were higher on Wednesday as investors assessed the state of the economy after the release of labor market data. At 6:21 a.m. ET, the yield on the …
Central banking
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. Chip …
Strategists give cautious predictions for 2024
A security guard at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor J. Blue | Bloomberg | Getty Images With central banks …
U.K. lawmakers criticize Bank of England forecasting ‘failures’
Andrew Bailey, governor of the Bank of England (BOE), during the Monetary Policy Report news conference at the bank’s headquarters in the City of London, UK, on Thursday, Nov. 2, …
Australia appoints BoE’s Andrew Hauser as new RBA deputy head
Andrew Hauser, executive director of markets at the Bank of England, has been appointed the new deputy governor of the Reserve Bank of Australia. Simon Dawson | Bloomberg | Getty …
Argentina’s Milei says shutting central bank ‘non-negotiable’
Lawmaker and presidential candidate for La Libertad Avanza party, Javier Milei, speaks during a press conference in Buenos Aires on October 11, 2023, ahead of Argentina’s presidential elections. Juan Mabromata …
A Germany central bank official warns lenders as insolvencies rise
The headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt, Germany. FRANK RUMPENHORST | DPA | Getty Images Germany’s major banks need to increase their provisions for non-performing …
UK’s Jeremy Hunt to announce tax cuts
National Living Wage increased to £11.44 per hour Hunt will announce an increase to the National Living Wage of more than £1,800 ($2,253.78) per year for a full-time worker, and …
Geopolitical instability and elections have strategists wary of 2024
Israeli soldiers transfer detained Palestinians out of the Gaza Strip on November 20, 2023, as battles between Israel and the Hamas movement continue. Gil Cohen-magen | AFP | Getty Images …
Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says
A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. SeongJoon Cho | Bloomberg | Getty Images Among major central banks, …