The Fed Is Behind the Curve. There’s Still No Need to Panic – WSJ
Federal Reserve Chair Jerome Powell said Wednesday that he needs to see more data to justify cutting rates. The data obliged, but is hardly signaling...
Author : Nelli Avetisyan
Surging AI power demand boosts utility stocks – The Financial Times
US investors are piling into utility stocks as the emergence of power-hungry artificial intelligence drives a surge in electricity demand and transforms growth expectations for...
Why fear is sweeping markets everywhere – The Economist
How quickly the mood turns. Barely a fortnight ago stockmarkets were on a seemingly unstoppable bull run, after months of hitting new all-time highs. Now...
Goldman Economists Lift ‘Limited’ US Recession Risk to 25% – Bloomberg
Goldman Sachs Group Inc. economists increased the probability of a US recession in the next year to 25% from 15%, but said there are several...
Week Ahead for FX, Bonds: U.S. ISM Services Data, Australian Rate Decision in Focus – WSJ
Below are the most important global events likely to affect FX and bond markets in the coming week starting Aug. 5. U.S. ISM data on...
A Neglected Solution to the Development-Finance Gap
Governments, banks, and investors have neglected a critical tool in the development-finance toolbox. New technologies allow for easy access to data that earlier generations could...
PODCAST: What’s News in Markets: Meta’s Ads, Moderna’s Health, Intel’s Struggles
How is Meta’s advertising business doing? And is Moderna in trouble after the end of the pandemic? Plus, why did Intel’s stock short-circuit? Host Francesca...
Are travellers’ credit cards worth it?
August is upon us and airports are full of families about to jet off to a beach holiday somewhere — when a global IT meltdown...
Federal Reserve says first cut to US interest rates could come in September – The Financial Times
The Federal Reserve has said it could start lowering interest rates as soon as September, after US policymakers voted to hold borrowing costs at a...
BOE Tilted Toward First Rate Cut Since Pandemic – Bloomberg
It’s a close call, but Bank of England policymakers are likely to vote for the first interest rate cut since the start of the pandemic...