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May 5, 2024
(Bloomberg) — The Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing. Ahead of Thursdayโs decision, Governor Andrew Bailey has distanced Britain from resurgent consumer price pressures in the US, pointing to…
May 4, 2024
(Bloomberg) -- The Bank of England may offer a clearer signal in the coming week on whether it plans to cut interest rates this summer, just as investors bet on a delayed outlook for easing.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Ma...
March 23, 2024
(Bloomberg) — The Federal Reserveโs preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about cutting interest rate too soon. The core personal consumption expenditures price index, which excludes food and energy costs, is seen rising 0.3% on the heels of its biggest monthly increase in…
March 23, 2024
(Bloomberg) -- The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are wary about cutting interest rates too soon.Most Read from BloombergHarassment and Drugs Plagued a Citigroup Division for YearsRussia Mourns 133 Killed in Deadliest Moscow Attack in DecadesGucci’s China Shock Reverberates Across the Luxury LandscapePutin’s Ukraine Plan at Heart of Response to Moscow AttackHong Kong...
February 27, 2024
In the wake of Russia's invasion of Ukraine, Finland and Sweden, traditionally neutral, abandoned their stance and joined NATO in 2023.
January 24, 2024
(Bloomberg) -- Turkey’s parliament approved Sweden’s accession to NATO after months of deliberations, leaving Hungary as the lone holdout to the defense alliance’s northern enlargement.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028Turkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutAn Isolated Israel Doubles Down on War in Gaza — At All CostsNet...
January 24, 2024
(Bloomberg) -- Hungarian Prime Minister Viktor Orban is poised to prepare his lawmakers to ratify Sweden’s accession to NATO after Turkey’s parliamentary approval effectively left Budapest as the lone holdout to the alliance’s enlargement.Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionRussia Says Plane Carrying 65 Ukrainian Prisoners CrashedAckman Ramps Up Isr...
January 8, 2024
(Bloomberg) -- The coming 12 months are shaping up as the year of the interest-rate cut.Most Read from BloombergMusk’s Drug Use Concerns Tesla, SpaceX Leaders, WSJ SaysBoeing Max Grounding Goes Global as Carriers Follow FAA OrderBoeing 737 Max Blowout Points to Pervasive FlawsAckman Plans to Check MIT’s Kornbluth, Staff for PlagiarismAfter racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the world are poised to begin ea...
December 20, 2023
(Bloomberg) -- In an ominous sign for Sweden’s battered real estate sector, Stockholm-based landlord Oscar Properties Holding AB had assets seized by a creditor, showing how patience is running thin as a financial crunch intensifies. Most Read from BloombergApple Races to Tweak Software Ahead of Looming US Watch BanTrump Barred From Colorado Ballot in Unprecedented RulingApple to Halt US Sales of Smartwatches After Patent LossWhat If Putin Wins? US Allies Fear Defeat as Ukraine Aid Stalls...
December 14, 2023
(Bloomberg) -- Norway’s central bank pushed ahead with a final hike in borrowing costs, acting to shore up the krone just as the US Federal Reserve leads a likely global pivot toward easing.Most Read from BloombergCitigroup Offers Partial Early Bonuses to Encourage Staff DeparturesElon Musk Is Planning a New University in AustinWall Street Traders Go All-In on Great Monetary Pivot of 2024JPMorgan Is in a Fight Over Its Client’s Lost $50 Million FortuneOwner of the Philippinesȁ...