Fed officials split as Hammack calls for immediate hike, Barkin sees room to hold
Two senior Federal Reserve officials staked out opposite positions on interest rates Thursday. Cleveland Fed President Beth Hammack called for…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Iran moves to join BRICS bank as war with U.S. squeezes its economy
Iran is moving to join the BRICS New Development Bank as its economy buckles under nearly six months of war…
US producer prices cool sharply in July, bolstering case for Fed rate hold
Producer prices in the United States cooled more than economists expected in July, giving the Federal Reserve more room to…
US Treasury to auction 30-year bonds at highest yield in 25 years
The US Treasury auctions $25 billion in 30-year bonds on August 13, with when-issued yields trading around 5.23% to 5.24%….
Iran War Threatens to End the U.K.’s Run as the G7’s Fastest-Growing Economy
The U.K. economy grew 0.4% in the second quarter, keeping it on track for the strongest growth of any G7…
