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[ad_1] The numbers: Builder confidence waned in August as the 30-year mortgage rate surged, dampening U.S. home-buying interest. Despite a persistent shortage of homes on the...
[ad_1] Responding to a rapidly deteriorating ruble, the Bank of Russia hiked its key interest rate on Tuesday by 3.5 percentage points to 12%. The Bank...
[ad_1] For the last 18 months, all you’ve heard from the markets is that the U.S. economy is three months away from a recession. Now, the...
[ad_1] Listen to article (1 minute) Wall Street is growing confident the U.S. can avoid a recession. But one key market indicator is still sending seemingly...
[ad_1] Stephen Bird, CEO of Abrdn, discusses the outlook for global markets and monetary policy. [ad_2] Source link
[ad_1] Wall Street’s newfound faith in a soft landing faces a big test later this week with an economic report that could paint a deceptively benign...
[ad_1] The July jobs report on Friday showed the U.S. economy gained 187,000 jobs last month, with the unemployment rate dipping to 3.5% from 3.6%. Economists...
[ad_1] The numbers: The U.S. added a more modest 187,000 new jobs in July, perhaps a sign the economy is cooling enough to drive inflation lower...
[ad_1] Bank of England Governor Andrew Bailey said Thursday that the central bank remains cautious in its battle to tame stubbornly high inflation as U.K. data continues to...
[ad_1] Press play to listen to this article Voiced by artificial intelligence. The Bank of England raised its key interest rate by a quarter point on...
[ad_1] Minneapolis Federal Reserve President Neel Kashkari on the economy – CBS News Watch CBS News Neel Kashkari, the president of the Federal Reserve Bank of...
[ad_1] Optimistic signs about the economy – CBS News Watch CBS News There were some positive signs last week that the economy might be holding firm....
[ad_1] Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s largest gold exchange-traded fund, believes...
[ad_1] The numbers: The cost of goods and services rose a mild 0.2% in June as inflation eased again, but another measure of prices favored by...
[ad_1] Leopoldo Alvear, CFO of Banco Sabadell, discusses what higher interest rates mean for banks. [ad_2] Source link
[ad_1] People shop in a Manhattan store on July 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report...
[ad_1] People shop in a Manhattan store on July 27, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report...
[ad_1] Former Federal Reserve Vice Chair Richard Clarida on Thursday said he thinks another interest-rate hike this year would be a wise move by the U.S....
[ad_1] “Shark Tank” investor Kevin O’Leary predicts the ongoing cycle of U.S. Federal Reserve rate hikes could lead to more regional U.S. bank failures. Fed Chair...
[ad_1] Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike...