Page 19 - Developments Around News Today

Is the Jobs Market About to Crack? Another Central Bank Holds Steady; Global Trade Growth to Slow: WTO By Perry Cleveland-Peck Good day. The U.S. labor market has been on a tear since the economy bounced back from the pandemic, with employers addin... | 07:18am

RBNZ Rate Decision Illustrates Widening Split Among Central Banks; Focus on Fed's Reverse-Repo Program; WSJ Live Q&A Today By Perry Cleveland-Peck Good day. New Zealand's central bank announced a further sharp rise in interest rates this mornin... | 07:20am

Reserve Bank of Australia Holds Rates Steady; Rise in Oil Prices May Hinder Inflation Fight, Says Bullard By Perry Cleveland-Peck Good day. Australia's central bank put the brakes on its campaign of interest-rate increases earlier today, breaking w... | 07:18am

A Lost Decade Ahead for Global Economy; New York Fed's Williams Sees 3.25% Inflation This Year By James Christie Good day. The World Bank is ringing an alarm bell about the global economy, saying it will take a "herculean collective policy effort t... | 07:16am

Collins Expects Fed to Tighten Bit Further; Bank of Mexico Slows its Pace; PCE Price Index Out Today By James Christie Good day. Boston Fed Chief Susan Collins said yesterday that she sees the Federal Reserve tightening policy a little further, the... | 07:16am

Banking Crisis May Play Out in Slow Motion; Clarida Predicts No Rate Cuts From Fed This Year By James Christie Good day. Unless federal insurance is extended to all bank deposits, small and medium-size U.S. banks could be in for a prolonged period ... | 07:18am

Senators Rebuke the Fed Over SVB Failure; Dimming Outlook for Russian Economy By James Christie Good day. Michael Barr, the Federal Reserve's vice chairman for banking supervision, faced tough comments from Senators on Tuesday in what could be a mo... | 07:16am

Fed's Barr Calls SVB a 'Textbook Case of Mismanagement'; First Citizens Wins Auction for SVB By James Christie Good day. Michael Barr, the Federal Reserve's vice chairman for supervision, will tell lawmakers today the failure of Silicon Valley Bank... | 07:16am

U.S. Banking Turmoil Could Slow Global Economy; James Bullard's Optimistic Take on Banking Stress By James Christie Good day. The ripple effects from strains in the U.S. financial system could lead to tighter credit that results in a sharper econom... | 07:16am

Bank of England Raises Interest Rates; Most Americans Doubt Their Children Will Be Better Off By James Christie Good day. The Bank of England's move yesterday mirrors that of the Federal Reserve, which Wednesday approved another quarter-percentage-... | 07:16am