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Too much independence is bad for central banks

Modern economies shouldn’t be run by cult figures. The ability of central banks to respond to shifts in prices and employment, as well as combat financial disasters, has become synonymous with autonomy.

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Tyson Foods wants to hire 52,000 asylum seekers for factory jobs

Tyson Foods wants to hire 52,000 asylum seekers for factory jobs
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Currency market subdued ahead of fresh US economic data

TOKYO : The currency market was sedate on Thursday, with the U.S. dollar consolidating against major peers as market players awaited more data out of the world's largest economy for clues on the direction of Federal Reserve policy.Tuesday's hotter-than-expected U.S. consumer price index (CPI) has re-ignit

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Pressure mounts on Fed to play its part in modernizing discount window

Pressure mounts on Fed to play its part in modernizing discount window
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FOREX-Currency market subdued ahead of fresh US economic data

FOREX-Currency market subdued ahead of fresh US economic data
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Savings Forecast: Are Rates Going Up or Down?

Interest rates rose rapidly in 2022 and 2023 and bank yields remain elevated now. But rates may fall later this year.


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US inflation up again in February in latest sign that price pressures remain elevated

Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden’s re-election campaign, both

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Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable

Jerome Powell just revealed a hidden reason why inflation is staying high: The economy is increasingly uninsurable
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