‘We Still Have an Inflation Problem.’ A Fed Newcomer Wants to Go Slow on Rate Cuts.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...
Stock market today: Asian shares slip as China says economy hit 5% growth target in '24
Share benchmarks in China showed scant reaction, given that the 5% annual growth exactly matched the government's target for ...
Fed’s Balance-Sheet Dynamics Still Weigh Heavy Five Years On
As the Federal Reserve continues to unwind its balance sheet, it’s still dogged by the same issues that it faced more than ...
Hosted on MSN7d
Asia markets fall ahead of US data
HONG KONG — Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making ... Taipei, Wellington, Bangkok and Manila fell ...
Stock market today: World shares slide further as rate cut, tariff worries hit market sentiment
World shares are mixed, with Asian shares declining, after U.S. markets were closed to observe a National Day of Mourning for ...
South Korea acting President Choi says to monitor financial markets around the clock
South Korea's acting President Choi Sang-mok said on Friday the government will make an all-out effort to stabilise the ...
Hong Kong-Dollar Peg Makes Less Sense Than Ever
A rate divergence between the US and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to ...
Bangkok Post16d
Bitcoin slips in December as investors cash in on record rally
Feverish speculation in the crypto market has cooled as expectations for interest-rate cuts from the Federal Reserve waned, eroding appetite for riskier assets. The group of a dozen Bitcoin ...
MarketWatch19d
The Fed’s rate cuts were supposed to make borrowing cheaper. So why is it harder than ever to buy a house?
The Federal Reserve cut its benchmark interest rate for the third time this year on Wednesday as its effort to control inflation continued. Though rate cuts have made the cost of borrowing ...
MarketWatch20d
Federal Reserve proposes more transparency in bank stress tests, but banks still sue
Bank industry groups file lawsuit against the U.S. Federal Reserve’s stress-test scenarios may be unrealistic Last Updated: Dec. 24, 2024 at 4:45 p.m. ET First Published: Dec. 24, 2024 at 10:58 ...
CNN20d
Attention DOGE: Here’s how the federal government spends Americans’ tax dollars
As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.