Browsing: Economy

The US economy added 150,000 jobs in October, falling short of market expectations, according to the Nonfarm Payrolls (NFP) report issued by the US Bureau of…

Federal Reserve officials have not discussed what it would take to cut interest rates, Minneapolis Fed President Neel Kashkari said Tuesday. Asked in an interview on…

By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -Europe’s benchmark index posted its biggest weekly gain since March on Friday, supported by interest rate-sensitive real estate…

In a recent speech at King’s College London, Andrew Hauser of the Bank of England (BoE) highlighted three major challenges for central banks in the current…

The International Monetary Fund on Tuesday upgraded its view of China’s economy, citing a better-than-forecast performance as well as moves to bolster its ailing property market.…

By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020…

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose rise in…

Today, an Automated Clearing House (ACH) issue led to deposit delays across several major banks, including Bank of America, Chase, US Bank, Truist, and Wells Fargo.…

By Joe Bavier, Nellie Peyton and Bhargav Acharya JOHANNESBURG (Reuters) -President Joe Biden’s administration wants to work with Congress to improve the United States’ flagship trade…

“‘ With financial conditions, we’re looking for persistent changes that are material … Longer-term rates that have moved up, they can’t simply be a reflection of…