Browsing Category
Economy
Fed to cut US rates ‘at some point,’ but no hurry, Mester says
By Ann Saphir(Reuters) - Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs, but only when it is "pretty confident" inflation is heading sustainably to its 2% goal."At some point, as we get more confidence, we will start to…
Read More...
The Global Turn Away From Free-Market Policies Worries Economists
Meeting outside Paris last week, top officials from France, Germany and Italy pledged to pursue a coordinated…
China’s economy seeing ‘seismic shifts’ and imbalances like nothing Beijing…
Liu said China’s development in the recent past and the immediate future will be marked by such disequilibrium,…
UK inflation, March 2024
Workers deliver drinks to a pub in the City of London, UK, on Tuesday, April 16, 2024. Bloomberg | Bloomberg |…
Million-Dollar Analyst Jobs at Risk in China Research Pullback
(Bloomberg) -- Brokerage analysts in China are confronting a harsh new reality.Most Read from BloombergThe…
Generation Z is unprecedentedly rich
Generation Z is taking over. In the rich world there are at least 250m people born between 1997 and 2012. About…
Fed’s Jefferson points to higher-for-longer policy rate if inflation…
By Howard SchneiderWASHINGTON (Reuters) -Federal Reserve Vice Chair Philip Jefferson, in remarks that skirted…
Unemployment jumps as UK jobs market stalls
16 April 2024, 07:14 BSTUpdated 45 minutes agoImage source, Getty ImagesThe UK jobs market is showing signs of…
Asian Stocks Track US Declines, Eyes on China GDP: Markets Wrap
(Bloomberg) -- Stocks in Asia fell, tracking Wall Street shares lower, after the latest evidence of stubborn US…
Former RBI chief D Subbarao
Hyderabad, Apr: Even after becoming the third largest economy in the world by 2029 as envisaged by Prime…