‘Hedge America’ Trade Fuels Global Rush Into Short-Dollar Wagers
It turns out that all the “Sell America” angst swirling in markets earlier this year was misplaced. Source: Original
BOE Slows QT Pace, Limits Long-Dated Sales After Gilt Volatility
The Bank of England will slow the pace at which it is reducing its government bond holdings and skew sales…
LA Port’s Container Surge Comes to an End
August trade volumes at the busiest container gateway in the US held near an all-time record set in July but…
It’s Still Powell’s Fed, Not Trump’s, as Miran Gets No Traction
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at the Fed’s new policy outlook. Send us feedback…
Poland’s Easing Wage Growth Boosts Chances For October Rate Cut
Wages in Poland grew their slowest since 2021 in August, coming in below analysts’ expectations and raising the prospect of…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
«`html Lawrence Summers Critiques Federal Reserve’s ‘Loose’ Policy Stance, Highlights Inflation as Key Concern Former Treasury Secretary Lawrence Summers has…
UK’s Reeves Tells BOE That Lowering Inflation Is Goal of Budget
Chancellor of the Exchequer Rachel Reeves said the UK government was looking at measures to reduce inflation when it publishes…
Hassett Offers Endorsement of Fed Rate Cut, Says It’s a Start
White House National Economic Council Director Kevin Hassett offered an endorsement of the Federal Reserve’s decision to cut interest rates…
US Initial Jobless Claims Drop by Most in Almost Four Years
Initial applications for jobless benefits in the US dropped by the most in nearly four years, reversing an unusually large…
S. Africa Central Bank Holds Rates After Lifting Growth Forecast
The South African Reserve Bank kept borrowing costs unchanged, even as cooler-than-expected inflation brought policymakers closer to their 3% target…