The Fed raised interest rates to slow the economy—but at some big companies, the moves had the opposite effect, boosting…
At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation.…
Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link
EU bankruptcies surge to the highest level since 2015, nudged by the end of pandemic-era aid. Source link
Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link
Updated Aug. 15, 2023 12:53 am ETListen to article(1 minute)SINGAPORE—Chinese officials said they would stop reporting the country’s youth unemployment…
Airbnb posted its most profitable second quarter ever, boosted by high nightly rates guests were willing to pay—in a sign…
The central bank calls cap on government bond yields a reference point, not a rigid limit. Source link
One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto…
The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on…