Investors were rattled on Wednesday after Federal Reserve Chair Jerome Powell suggested a pause in rate cuts and hinted that the total number of reductions might be less than expected.
Go Deeper (3 min read)The global asset management industry is undergoing a profound shift as US-based financial giants dominate the UK and European markets.
Go Deeper (3 min read)China’s consumer price growth slowed in November, reflecting weak domestic demand despite Beijing’s push to revive spending.
Go Deeper (2 min read)A deluge of cheap Chinese goods sweeping across the developing world is straining relationships between China and the Global South, complicating Beijing's efforts to build alliances amidst escalating trade tensions with the U.S.
Go Deeper (3 min read)Federal Reserve Chair Jerome Powell emphasized on Thursday that the current strength in the U.S. economy allows the central bank to adopt a measured approach to interest rate cuts.
Go Deeper (3 min read)Federal Reserve Chair Jerome Powell indicated that the central bank is preparing to cut interest rates soon, aiming to prevent further weakening in the U.S. labor market.
Go Deeper (3 min read)The period of intense hiring and record-low unemployment, which allowed millions of workers to find new opportunities, increase their wages, and reshape their careers, is giving way to a more typical market.
Go Deeper (2 min read)Tenant evictions remain at elevated levels in several U.S. cities, showing little sign of returning to pre-pandemic norms.
Go Deeper (3 min read)In a recent interview with the Wall Street Journal, New York Fed President John Williams provided an in-depth analysis of the current economic landscape, inflation trends, and the Federal Reserve's monetary policy.
Go Deeper (2 min read)Economists estimate this off-the-books debt at $7 trillion to $11 trillion, about twice the size of China's central government debt.
Go Deeper (3 min read)In its annual report released Sunday, the Bank for International Settlements (BIS) urged governments worldwide to reduce borrowing to mitigate one of the most significant threats to global financial stability and support efforts to control inflation.
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