The September CPI report is due Thursday and is expected to show headline annual inflation rising 3.6% compared to the 3.7% reading seen in August.
Overall, while the trend is lower, I believe the data will emphasize the substantial…
The finished about 50 bps today higher but had been up more than 1% at one point—stocks turnaround after 1 p.m. ET, following a weak Treasury auction.
The 3-year auction ended up tailing, with a when-issued rate of 4.723% while…
Assistant Secretary of State for African Affairs Molly Phee will travel to Ankara, Türkiye, October 10-12, 2023. During this trip, she will engage with representatives from the Somalia “Quint” group (United States, United…
Business & Finance24 August 2023, 10:40 am 1 minute
Reuters was first to report when Turkey’s central bank shocked markets by hiking its interest rate by 750 basis points to 25%,…
On October 5, 2023, Treasury Secretary Janet Yellen made a very telling statement about the future course of interest rates.
YELLEN SAYS DEBT SERVICE COSTS WILL BE 1% OF GDP FOR THE NEXT DECADE. – Reuters
Her statement implies that…
It's a pleasure to join you today to discuss the role of central banks and financial regulators in effectively promoting a stable and resilient global financial system.1…
Savvy investors are aware that geopolitical tensions and uncertainty can significantly influence the financial markets. That includes human migration—or, to be more specific, weaponized migration.
Many of you, no doubt, watched Elon…
Marrakech, Morocco — IFC and OCP Group, the world’s largest phosphate-based fertilizer producer, today announced an agreement to increase production of low-carbon fertilizers using solar energy, helping green global food systems and…
Technology11 August 2023, 1:06 pm 1 minute
Reuters was first to report Disney’s plans to create an internal task force to exploit artificial intelligence technology to cut costs and…