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
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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