Two BOE Rate-Setters Say Slower Cuts Needed to Fight Inflation
Two Bank of England policymakers said the central bank should slow the pace of interest-rate cuts to prevent…
IMF urges Bank of Japan to move ‘very gradually’ with rate hikes
By Leika Kihara WASHINGTON (Reuters) -The Bank of Japan must keep monetary policy loose and move very gradually…
Stock Bubble Dread Grips Central Bankers in Washington
Central bankers, already uneasy about trade tensions and swelling public debt, will collectively confront a new worry in…
Artificial intelligence is exciting play into earnings: Wells Fargo
Wells Fargo Securities’ Ohsung Kwon expects artificial intelligence to dominate third-quarter earnings season. “Outside of AI, I’m not…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Private Credit Could Amplify Shock in Next Crisis, Fitch Says
Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the…
Gold Surges to Record on Weaker Dollar, Risk of US Shutdown
Gold climbed to a record above $3,800 an ounce as precious metals surged, boosted by a weaker dollar…
Economy enters ‘low-fire, low-hire’ stage
The economy has entered a “low-hire, low-fire,” state, according to Federal Reserve Chairman Jerome Powell, meaning that it…
Spectacular AI growth to spark serious jobs issue for Fed: Zervos
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will…
A European Perspective on the U.S. Fiscal Outlook | American Enterprise Institute
Analysts at the Brussels-based think tank Bruegel recently assessed the fiscal effects of the GOP-passed tax cut and spending reform megabill.…
Canada must make urgent structural reforms to ensure long-term economic prosperity: Macklem
Governor of the Bank of Canada Tiff Macklem delivers a speech at a Calgary Economic Development event in…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Larry Summers (Bloomberg) — Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too…