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Fed Readies Another Rate Hike in Pivotal Week for Central Banks

(Bloomberg) -- The world’s major central banks meet in the coming week to set monetary policy amid continued signs that the worst inflation crisis in decades is easing.Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosOil Trader Vitol Doubled Average Pay on Record $15...
United States United Kingdom South Korea Republic Of Kazuo Ueda Kate Davidson
Source: yahoo.com

UK Inflation Falls Below 8% for First Time in More Than a Year

(Bloomberg) -- Britain’s inflation rate cooled more than expected to the lowest level in more than a year, a sign that soaring interest rates may be starting to curtail the worst wage-price spiral in the Group of Seven nations.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts Fro...
United Kingdom Yael Selfin Lisa Hooker Michael Saunders Greg Ritchie Valentin Marinov
Source: yahoo.com

Hedge Funds Caxton, Element Slump in Brutal First Half for Macro Traders

(Bloomberg) -- The first half of 2023 proved to be a washout for some of the world’s biggest macro traders as they struggle to recoup losses sparked by volatile bond markets. Most Read from BloombergHow Much Income You Need to Crack America's Richest 1%Singapore Graft Scandal Embroils Top Politician, Property TycoonEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudDeSantis Says No Thanks to $377 Million in US Energy FundsMicrosoft, Activision Eye UK Rights Sale to Get Merger Don...
Greg Ritchie Adam Levinson Katherine Burton Greg Coffey Kirkoswald Chris Rokos Keith Decarlucci Melqart
Source: yahoo.com

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Hot UK Job Market Keeps Spotlight on Bank of England Rate Hikes

(Bloomberg) -- UK wages rose more than expected to a level that Bank of England Governor Andrew Bailey said is fueling inflation, maintaining pressure for higher interest rates.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceErdogan Just Doomed Turkey's EU MembershipMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s Prigozhin After Rev...
United Kingdom City Of Greg Ritchie Yael Selfin Constantine Courcoulas Stuart Cole
Source: yahoo.com

UK Wages Grow Faster Than Expected, Heaping Pressure on BOE

(Bloomberg) -- UK wages rose more than expected to a level that Bank of England Governor Andrew Bailey said is fueling inflation, maintaining pressure for higher interest rates.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceErdogan Just Doomed Turkey's EU MembershipPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaMove Over Dubai. This Tiny Emirate Wants to Be the Next H...
United Kingdom City Of Stephen Lowe Yael Selfin Constantine Courcoulas Bloomberg Businessweek
Source: yahoo.com

UK Unemployment Up at Record Pace in Sign of Cooler Jobs Market

(Bloomberg) -- UK unemployment jumped at the quickest pace on record for a single month in May, providing the Bank of England a ray of hope as it attempts to cool pressures in the labor market.Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven for BillionairesErdogan Just Doomed Turkey's EU MembershipPoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortPowell Haunted by ...
United Kingdom Charlie Mccurdy Constantine Courcoulas Bloomberg Businessweek Greg Ritchie Brett Hill
Source: yahoo.com

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