Traders Bet BOE Is Far From Done After Surprise Half-Point Hike
Traders are adding to bets that the Bank of England’s unexpectedly large interest-rate hike won’t be its last.
2023-06-23 01:20
IMF Touts $100 Billion for Poorest; Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-23 00:21
Fed’s Powell Says US May Need One or Two More Rate Hikes in 2023
Federal Reserve Chair Jerome Powell said returning US inflation to 2% is crucial to support the long-term health
2023-06-22 23:28
FDIC Chair Backs Stricter Capital Requirements for Midsize Banks
The regulator that oversaw the federal takeover of Silicon Valley Bank says the lender’s failure shows the need
2023-06-22 21:19
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:53
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
Titanic Sub Search Vessel Reaches Sea Floor as Time Grows Short
A search vessel reached the sea floor near the wreck of the Titanic and began looking for a
2023-06-22 20:20
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
2023-06-22 17:59
EU Banks Expand Risk Scenarios They Face From Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
2023-06-22 17:25
‘Disappointed and Underwhelmed’: Traders Brace for Turkey Rates
The bond market’s big wager that Turkey will return to economic orthodoxy faces its first major test later
2023-06-22 16:25
Powell Defies DC Critics and Makes Case for Why Rates Must Rise
Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates.
2023-06-22 16:22
China’s Midea Drops Pursuit of Swedish Home Appliance Maker Electrolux
Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive
2023-06-22 16:15