Browsing: Economy

The International Monetary Fund on Tuesday upgraded its view of China’s economy, citing a better-than-forecast performance as well as moves to bolster its ailing property market.…

By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market in 2020…

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose rise in…

Today, an Automated Clearing House (ACH) issue led to deposit delays across several major banks, including Bank of America, Chase, US Bank, Truist, and Wells Fargo.…

By Joe Bavier, Nellie Peyton and Bhargav Acharya JOHANNESBURG (Reuters) -President Joe Biden’s administration wants to work with Congress to improve the United States’ flagship trade…

“‘ With financial conditions, we’re looking for persistent changes that are material … Longer-term rates that have moved up, they can’t simply be a reflection of…

By Howard Schneider WASHINGTON (Reuters) – The October jobs report likely was a relief to Federal Reserve officials who hope the U.S. economy can edge down…

The numbers: Banks continued to tighten standards for business loans in the third quarter, according to a survey of loan officers conducted by the Federal Reserve.…

By Yoruk Bahceli (Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will be the first…

The International Monetary Fund (IMF) has advised the Irish Government to consider a more targeted €14 billion Budget 2024 package to safeguard vulnerable groups and mitigate…