For some time now, the world’s leading central banks have had a credibility problem. Having insisted that the surge in inflation stemming from the Covid-19 pandemic was temporary, policymakers fell …
Jerome Powell has been exuding a “mission accomplished” vibe, but not so fast, warn economists at Deutsche Bank. Win McNamee/Getty Images In recent public statements, Chairman Jerome Powell has exuded …
For believers in a “ soft landing” for the US economy, the good news keeps getting better. The publication of data on inflation on Tuesday showed that price rises slowed …
“Only in Washington” is so trite, yet sad truth can be found in what’s so trite. Always looking in the rearview mirror, bank regulators at the Fed are calling for …
Wall Street trader assessing the latest economic news. (Photo by Johannes EISELE / AFP) … [+] (Photo credit should read JOHANNES EISELE/AFP via Getty Images) AFP via Getty Images Recent …
Reuters: The South African rand extends losses on Friday, capping off a week of losses after hawkish comments from Federal Reserve Chair Jerome Powell helped the dollar rally and decreased …
Michael Barr, vice chair for Supervision at the Federal Reserve, called for stronger stablecoin policies in the U.S. to protect investors and set up guardrails designed to address pressing issues. …
The HKMA has already taken on a bigger role at the international level; it is now actively involved in the Bank for International Settlements (BIS) and is working on introducing …
With two hot wars currently under way – Russia’s against Ukraine and Israel’s against Hamas in Gaza – on top of the US’ cold wars against Russia and China, attention …
In a lot of ways, the U.S. and Canadian economies are similar. They’re both seeing progress in the fight to rein in inflation. They both have robust employment levels. But …