Brazil Economy to Grow Just 1.5% in 2026
Brazil’s central bank said economic growth will slow over the coming year as interest rates at nearly a…
BP Kicks Off Pension Risk-Transfer in £1.6 Billion Deal With L&G
BP Plc has transferred a portion of its UK pension pot to an insurer, the latest move by…
BOE’s Bailey Says Further to Go on Rate Cuts, Consumer Cautious
Splits on the Bank of England policymaking committee were on full display on Wednesday after Governor Andrew Bailey…
‘Frothy and Risky’ Rally in Profitless Tech Grows as Fed Eases
Bets that the Federal Reserve will continue cutting interest rates have fueled a rally in one of the…
Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…
What Could Put an End to This Gold Bull Market?
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
New Zealand Poised to Appoint First Woman as Governor of RBNZ
New Zealand is set to appoint a woman to head its central bank for the first time as…
Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing roared higher as the Federal Reserve cut interest rates this week. Rigetti also landed a new…
Asia-Pacific markets rise ahead of China’s loan prime rate decision
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in…
Fed Easing Cycle Resumes: Market Implications
The Fed’s statement highlighted “downside risks to employment,” indicating a shift back into easing mode. The median projections…
Fed Cuts Could Fuel More Art Loans as Collectors Seize Opportunities
When the Federal Reserve announced earlier this week that it was lowering its benchmark interest rate for the…