The new Fed chair’s framework has been consistent for two decades. The question now is how much of it his colleagues will accept
The new Fed chair’s framework has been consistent for two decades. The question now is how much of it his […]
Finance
U.S Jobless Claims Fell Last Week
U.S. jobless claims fell last week, another sign the labor market remains stable despite economic uncertainty from the war in
The question for bond markets is not why yields rose so much in the past week, but why this didn’t happen sooner, writes Capital Account columnist @greg_ip
A mix of debt, inflation and populism has changed the interest rate landscape since 2020. Source link
Global Economy Slowing as Middle East Conflict Bites, Surveys Show
Business activity in Europe and Asia slowed in May as energy costs rose and new orders cooled, an indication the
Japan’s Exports Accelerate But Middle East Risks Cloud Outlook
Japan’s exports grew at a faster-than-expected pace in April, as a weak yen and resilient global demand offset the negative
Bank of Japan Policymaker Signals That Rate Hike Might Be Approaching
Policy board member Junko Koeda said Japan’s underlying inflation is likely already at around 2%. Source link
Fed officials all but retired the question that had dominated their debates for the past two years—whether to cut interest rates—and began at their meeting last month to more seriously weigh whether to raise them
The Middle East war and an AI boom have reshaped the interest-rate outlook ahead of a leadership transition at the
In 2022, Los Angeles voters approved a new tax on sales of the city’s most expensive properties. Opponents of the levy say it is making L.A.’s housing shortage worse.
Developers say the levy is making L.A.’s housing shortage worse. The city is considering changes. Source link
Philadelphia Voters Back Automatic Retirement Savings
The program, which is voluntary for employees, is slated to start by July 2027. Source link
Bank Indonesia Delivers First Rate Hike in Years as Rupiah Flounders, Risks Rise
Indonesia’s central bank snapped a long-running pause as it delivered its first rate hike in over two years. Source link