Week Ahead for FX, Bonds: Fed Minutes in Focus as Middle East Uncertainty Continues
Minutes to the U.S. Federal Reserve’s most recent meeting will be watched for signs of whether prospects of an interest-rate […]
Economics
Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year
Manufacturing shipments increased 3% from the month before to a seasonally adjusted C$73.57 billion, the highest level since the start
U.S. Industrial Production Rose in April
U.S. industrial production rose by 0.7% last month, after decreasing by an upwardly revised 0.3% in March. Source link
Fed’s Barr: Shrinking The Balance Sheet Is The Wrong Objective
Federal Reserve Gov. Michael Barr said shrinking the balance sheet is the wrong objective for the central bank, and many
The Wall Street Journal reviews Fed-related statements made by Kevin Warsh from 2006 to 2026
The next chair has said a lot about the Federal Reserve’s independence and role in the economy over the years.
Ireland’s Foreign Investment Chief Sees Inflows Holding Up Despite Headwinds
As one of the main beneficiaries of globalization, Ireland continues to pin its hopes on attracting foreign businesses. Source link
U.K. Economy Accelerated at Start of Year
The economy expanded at a faster pace in the first quarter of the year, but the effects of the conflict
Jerome Powell is wrapping up eight hazard-filled years as Fed chair, and weathered the most sustained political assault on the central bank in its modern history
The pandemic, inflation and White House pressure tested the central bank’s leader as never before. Source link
The Senate confirmed Kevin Warsh as the Fed’s new chair on Wednesday in a party-line vote that reflected how tensions with the White House have dragged the Fed deeper into the political fray
The divided vote signals the challenge ahead for Warsh, who faces a Fed committee skeptical of the rate cuts President
Fed’s Collins Says She Could Envision the Need for Rate Hikes
Boston Federal Reserve President Susan Collins said she envisions a prolonged stretch of steady interest rates, and could envision a