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Economic News
Macron’s Bid to Revamp French Economy Falters as Growth Slows
(Bloomberg) -- President Emmanuel Macron’s plan for revamping France’s long-term…
Dollar steady as sticky inflation dents rate cut expectations
By Ankur BanerjeeSINGAPORE (Reuters) - The dollar was steady on Monday after data last…
Oil Near Highest This Year as Mideast Tensions Stoke Bullishness
(Bloomberg) -- Oil edged lower, but remained near the highest level this year as…
Asia shares cautious as inflation dashes rate cut hopes
By Wayne ColeSYDNEY, (Reuters) - Asian shares got off to a slow start on Monday as…
Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
ABUJA, Nigeria (AP) — Nigerians are facing one of the West African nation’s worst…
Summers Says CRE Is More ‘Urgent’ for Fed Than Capital Rules
(Bloomberg) -- Former Treasury Secretary Lawrence Summers said the Federal Reserve and…
Fed needs time, data, patience on inflation fight: Daly
(Reuters) - Despite "remarkable" progress on U.S. inflation, Federal Reserve Bank of…
Fed’s Daly Says Three Rate Cuts in 2024 Is Reasonable Baseline
(Bloomberg) -- Three Federal Reserve interest-rate cuts is a “reasonable baseline”…
Summers Sees ‘Meaningful Chance’ Next Fed Move Will Be a Hike
(Bloomberg) -- Former Treasury Secretary Lawrence Summers said that persistent…
Fed’s Barr Says Regulators Are Eyeing Commercial Real Estate Risk
(Bloomberg) -- US regulators are “closely focused” on risks in commercial real estate…