ECB’s Escrivá Sees Opportunity for Bigger Global Role of Euro
«`html ECB’s Escrivá Envisions Enhanced Global Role for Euro Jose Luis Escrivá, a member of the European Central Bank’s Governing…
BOK’s Rhee Proposes IMF Weigh Targeted Lending at Lower Bound
Bank of Korea Governor Rhee Chang Yong proposed that the International Monetary Fund consider targeted lending and conditional forward guidance…
Canadians Receiving Unemployment Benefits Highest in Three Years
The number of unemployed Canadians receiving government assistance has reached the highest level since February 2022. Source: Original
Bailey Says Bank of England Rate Cuts Are Not Yet Over
Bank of England Governor Andrew Bailey said the UK central bank is not done with its interest-rate cutting cycle yet,…
Housing Crisis Forces More Australians to Rent In Retirement
More Australian retirees are renting than ever, as soaring housing costs and longer working lives expose the limits of the…
Fed Rate Cut Gives Green Light to Eager US IPO Candidates
The Federal Reserve’s interest rate cut has cleared the way for private companies that were waiting for a green light…
Freddie Mac US 30-Year Mortgage Rate Falls to 6.26%
«`html Freddie Mac Reports Decline in 30-Year Fixed Mortgage Rate to 6.26% In the latest data released by Freddie Mac,…
BOE Plans to Keep QT on Autopilot Upended by Market Reality
The Bank of England’s decision to slow the pace and change the make-up of its quantitative tightening plan on Thursday…
Argentina Unemployment Falls in Reprieve for Economy and Milei
Unemployment in Argentina fell in the second quarter even as overall economic activity slightly contracted, a reprieve for job seekers…
Foreign Holdings of Treasuries Reach Record Even as China Sells
«`html Foreign Holdings of US Treasuries Hit All-Time High Amidst Chinese Sell-Off In July, international investors increased their investments in…