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Powell Doesn't See Core Inflation Returning to Target Until 2025; Big Banks Fare Well in Fed Stress Tests By Michael Maloney Good day. The Federal Reserve is likely to keep lifting interest rates even though officials this month decided to slow the...
Europe May Need Higher Rates for Longer, IMF Official Says; Leaders of Major Central Banks to Talk Policy By Michael Maloney Good day. The European Central Bank might need to increase interest rates to 4% or higher and hold them there through 2025 ...
Stimulus Tools Rethink Urged as ECB Policy Forum Kicks Off; Lagarde 'Cannot Declare Inflation Victory Yet' By Michael Maloney Good day. The world's central banks should rethink the stimulus tools they use as the global economy enters a new era, acc...
Economies Chug Along Despite Rate Hikes; Asian Trade Woes Damp Inflation; Yellen Sees Bank Mergers By Michael Maloney Good day. The world's central banks raced at an extraordinary pace over the past year to cool inflation, but it hasn't proved enou...
Further to Go With Rate Increases, Powell Tells Senators; Bank of Mexico Stays on Hold Again By James Christie Good day. U.S. inflation and economic activity haven't slowed as much as many Federal Reserve officials had anticipated. That is casting ...