Central banks monetary policy decision are diverging
Dollar, yuan, yen and euro notes. Ullstein Bild Dtl. | Ullstein Bild | Getty Images From hawkish pauses to rate hikes and dovish tones, the world’s biggest central banks last…
Using cash like a millionaire may not work for investors. Here’s why
Simpleimages | Moment | Getty Images Millionaires moved money out of stocks into cash and cash-like investments in the past year and may add to those allocations over the next…
Jobless claims rise more than expected to highest since October 2021
First-time jobless claims rose sharply last week in a potential sign that the labor market is softening up after more than a year of interest rate hikes. Initial filings for…
Next questions for markets center on skinny rally and Fed derailment
It’s almost as though the stock market doesn’t care whether the Federal Reserve hikes interest rates another quarter point in June, skips a meeting and waits until July to decide…
Bitcoin rises as investors await vote on debt ceiling agreement
A visual representation of the digital cryptocurrency, Bitcoin, is on display in front of the Bitcoin course’s graph in Paris, February 9, 2021. Chesnot | Getty Images Bitcoin briefly recovered…
Fed Governor Waller doubts need for climate-change tests on banks
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., US, on Friday, Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal…
Warren, Jayapal urge Fed to stop raising rates
Federal Reserve Board Chair Jerome Powell holds a news conference after the Fed raised interest rates by a quarter of a percentage point following a two-day meeting of the Federal…
DBS expects net interest margins will decline, sees other growth drivers
Singapore’s largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is confident that it can ride on other drivers going forward,…
Outlook for credit access hits record low, inflation expectations jump
A customer shops for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas. Wholesale egg prices have begun declining more than 50% since December record highs…
China’s banking troubles not the same as Silicon Valley Bank: economist
A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. – With hindsight, there were warning signs ahead of last week’s spectacular collapse of Silicon Valley…