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Latest Articles
Fed's Musalem: Hiking Rates Now Could Prevent More Aggressive Action Later
5+ hour, 23+ min ago (388+ words) Federal Reserve Bank of St. Louis President Alberto Musalem said on [date] that raising interest rates now could forestall the need for more aggressive action later, signaling a hawkish stance amid ongoing inflation concerns. Musalem’s comments come as the Fed…...
Colombia's Own Economists Have Given Up on Cheaper Money This Year
16+ min ago (700+ words) Two separate surveys point the same way: prices are proving stickier than hoped, and the 12% policy rate is not coming down before Christmas. The Banco de la República runs a monthly survey of economic analysts. The round that produced the…...
US Dollar: Debasement worries weigh after buyback??? Scotiabank
6+ hour, 32+ min ago (431+ words) "The USD is weakening further today, sliding to its lowest since mid-June. Stocks are mixed, crude oil prices are stronger and major bond markets are a little weaker. Treasurys are underperforming and the curve is steepening again." "Yesterday’s Treasury Dept....
Bank Indonesia Holds Rates, But Tightening Risk Persists: Commerzbank
1+ hour, 18+ min ago (383+ words) Bank Indonesia (BI) kept its benchmark interest rate unchanged at its latest policy meeting, but the risk of future rate hikes remains on the table, according to analysts at Commerzbank. The decision reflects a delicate balance between supporting economic growth…...
CIBC's Chris Harvey on market action: 'I think it's a hang up on rates"
1+ hour, 42+ min ago (29+ words) CIBC's Chris Harvey on market action: 'I think it's a hang up on rates' CNBC CIBC's Chris Harvey on market action: 'I think it's a hang up on rates'...
Mince prices grind past $24 a kilo, likely to remain high
47+ min ago (781+ words) The average retail price of beef mince has ground past $24.40 a kilo and unlikely to ease before 2027. (Source: istock.com) Beef mince prices have hit a record high, with the formerly go-to protein for budget shoppers grinding past $24.40 a kilo…...
Chongqing Machinery & Electric half-year revenue and profit rise on clean energy strength
7+ hour, 30+ min ago (25+ words) TradingView Chongqing Machinery & Electric half-year revenue and profit rise on clean energy strength...
National debt surpasses $40 trillion
18+ min ago (12+ words) CBS News National debt surpasses $40 trillion...
U.K. Industry Shows Sharp Improvement in CBI Survey
8+ min ago (413+ words) Haver Analytics U.K. Industry Shows Sharp Improvement in CBI Survey The U.K. CBI (Confederation of British Industry) survey saw orders advance to a diffusion reading of -25 in August from -45 in July. Despite this huge shift, the percentile standing of the August measure…...
SAâs Inflation Rate Eases: Businesses Want Interest Rates Reduced
9+ hour, 53+ min ago (148+ words) SA’s Inflation Rate Eases: Businesses Want Interest Rates Reduced Trendsnafrica South Africa’s annual inflation rate eased in July for the first time in five months, helped partly by a steep drop in transportation costs. Statistics South Africa said on Wednesday…...