RBA Faces Tough Balancing Act on Interest Rates, Governor Bullock Says – Bloomberg.com
RBA Faces Tough Balancing Act on Interest Rates, Governor Bullock Says Bloomberg.comAustralian Dollar holds gains as US Dollar declines…
Australia Jobs Still Tight, Inflation Sticky, RBA Chief Says
Australia’s labor market is still tight while inflation is proving sticky, Reserve Bank Governor Michele Bullock said, signaling…
Bessent Says Japan’s Expansionary Policy Helping Stocks
US Treasury Secretary Scott Bessent spoke favorably of Japanese Prime Minister Sanae Takaichi’s expansionary fiscal stance, telling his…
Ex-PBOC Adviser Says China Should Let Investment Play Larger Role for Economy
China should let investment play a larger role in boosting the economy, a former central bank adviser said,…
Euro Zone to Get Hard Data on Tariff Damage as ECB Sets Rates
Europe will get a rigorous economic health-check this week, helping gauge the impact of US tariffs on growth…
China Grows Bolder in Yuan Push as PBOC Drops Cautious Tone
China’s central bank is communicating more confidently about its push to expand the yuan’s role in the global…
North America Set to Cut Rates as Rest of G-7 Looks On
Policymakers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those…
Turkish central bank cuts key rate to 39.5%, flags inflation risk
The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday,…
PBOC Adviser Says China Has to Do ‘Something Major’ for Economy
China needs a bolder spending package to mend the finances of households and companies, according to a central…
Treasuries’ October Gains at Risk From CPI ‘Tipping Point’
Data-starved bond traders risk seeing the October rally in Treasuries spoiled by the key inflation figures they’ve been…
Treasuries Fall as Surge in Oil Prices Brings Inflation Reminder
Treasuries are poised to snap a three-day run of gains as a surge in oil prices brings price-growth…
McKinsey Says Bank Profits Face Possible $170 Billion AI Hit
Banks face a hit to their bottom lines of as much as $170 billion if they don’t adapt…