What Milton Friedman Wrote to Otmar Issing at Creation of ECB
When Otmar Issing became chief economist of the fledgling European Central Bank a quarter of a century ago,
2023-05-27 14:28
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:45
Former BOE Hawks Say UK Interest Rates Headed to 6% Pain Level
Hawkish former Bank of England rate-setters warned that interest rates will need to soar as high as 6%
2023-05-27 13:15
Speculators Boost Yen Shorts to Most in a Year as Currency Slips
Speculators ramped up their bearish stance on the yen to the highest in nearly a year as the
2023-05-27 06:47
Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling
Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about
2023-05-27 05:28
Yellen Sets June 5 as Default Date in US Debt-Ceiling Standoff
Treasury Secretary Janet Yellen said her department estimates it will run out of funding by June 5 if
2023-05-27 05:17
AI Is Becoming the Stock Market’s Answer to Everything
Rarely does a tech-powered stock rally come along that isn’t pilloried for the fragility of its foundation. Now,
2023-05-27 04:26
McCarthy Notes Progress as Debt-Limit Talks Narrow Toward Deal
House Speaker Kevin McCarthy said talks on the debt ceiling resumed Friday, with negotiations stretching into the final
2023-05-27 00:22
Fed’s Mester Says ‘Everything’ on the Table for June Rate Action
Federal Reserve Bank of Cleveland President Loretta Mester said she wouldn’t rule out raising interest rates again next
2023-05-27 00:18
Hot Inflation Puts Another Fed Hike In Play for June or July
More disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition
2023-05-26 23:58
Investor Bets on Greek Debt Send Yields to Record Gap With Italy
While all the world is fretting over a potential default in the US, a country at the center
2023-05-26 23:51
Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target,
2023-05-26 23:15