Page 10 - Nathan Sheets News Today

Citi economists expect ‘acute financial stresses’ to ‘continue to recede,’ but they still see ‘chronic challenges associated with higher interest rates’

Citigroup said it believes the United States likely will fall into a "shallow" recession in the fourth quarter ...

Citi economists had earlier pegged global growth at 2.2% for the year and expected the onset of a recession in the United States in the third quarter

Citigroup raised its 2023 global economic growth forecast to 2.4%, citing “solid” performance in the United States,...

Eurozone inflation slowed sharply in March while US price increases eased last month as well, official data showed Friday, offering some relief to policymakers.

Shares of First Republic Bank rose 5% on Thursday as they drew the attention of bargain-hunting retail investors, but still hovered near record-low levels on lingering fears about the future of the U.S. regional lender.

Most economists think the Fed will raise rates by a quarter-point on Wednesday

U.S. central bankers face an unenviable task when they gather in Washington this week: Tackling persistent inflation without adding to financial sector turmoil after Silicon Valley Bank’s rapid collapse.

WASHINGTON -- Still grappling with persistently high inflation, the Federal Reserve faces an entirely new -- and in some ways conflicting -- challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system.

Still grappling with persistently high inflation, the Federal Reserve faces an entirely new — and in some ways conflicting — challenge as it meets to consider interest rates this week: How to restore calm to a nervous banking system.