Three Fed officials warn on inflation as Jackson Hole symposium opens
Three Federal Reserve officials warned on Thursday that U.S. inflation remains too high, as central bankers gathered in Jackson Hole,…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Israel’s October 27 election could swing the shekel by up to 3%, JPMorgan says
JPMorgan estimates Israel's October 27 election could move the shekel by as much as 3% in either direction. The bank…
Swiss lawmakers seek compromise on UBS capital demand that could save the bank billions
Switzerland's parliament is negotiating a compromise that could cut UBS's new capital requirement from $20 billion to roughly $15 billion….
Baltic states ramp up defenses as leaked letter warns of Russian escalation
A leaked letter from Baltic, Polish, and Finnish EU commissioners warns von der Leyen of a "deteriorating security environment" driven…
Fed’s Goolsbee Flags Inflation Risk, Schmid Says Rates Aren’t Restrictive
Two Fed regional presidents staked out different concerns on the same day. Chicago Fed's Austan Goolsbee said his biggest short-run…
