French Economy Rebounded in Second Quarter Despite War Uncertainty
France’s economy picked up in the second quarter, helped by household spending and robust exports, overcoming some of the uncertainty […]
Economics
Kevin Warsh says his quieter approach to leading the Federal Reserve is working. Investors aren’t so sure.
Analysts said investors heard a chairman who introduced doubt about his willingness to deliver rate hikes they think may be
The Fed held interest rates steady on a 9-3 vote. Three voters wanted a rate increase, underscoring the pressure to act against inflation
The split shows pressure building inside the central bank to act on inflation two months after Chairman Kevin Warsh took
Stocks Lower Ahead of Fed Rate Decision
U.S. stocks moved lower amid various earnings reports and ahead of the Fed interest rate decision. Source link
Oil Surges as Fresh Middle East Strikes Threaten Fragile Diplomacy
Oil prices climbed more than 4% as a fresh round of fighting across the Middle East undermined diplomatic efforts to
Irish Economy Returns to Growth, Boosting Eurozone Hopes
Ireland’s GDP was 3.9% higher than in the first quarter of the year, recovering some ground after its economy contracted.
Australia Inflation Cooled in Second Quarter
Australian consumer prices rose by less than expected in the second quarter, easing pressure on the Reserve Bank of Australia
U.S. Consumer Sentiment Edged Down in July, Conference Board Says
The research group said its consumer confidence index fell to 90.8 in July from an upwardly revised 92.2 in June.
Bank of Japan Set to Hold as It Assesses Impact of June Increase
The Bank of Japan is likely to take a breather this week to assess the effects of its latest move
The Fed meets this week with an outcome that is unusually uncertain. Part of why it’s so hard to call is Chairman Kevin Warsh’s signature move: He is saying less.
The new chairman initiated a debate over how the central bank works, and it could test his tight-lipped approach on