Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024
The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty ImagesLionel Ng | Bloomberg |…
Top Citi strategist says healthier economic growth is coming
Jim Dyson | Getty Images News | Getty ImagesThe global economy does not need a "collapse" in order to bring…
Moody’s is negative on Asia’s sovereign creditworthiness
Moody's Investors Service has a negative outlook for sovereign creditworthiness in Asia-Pacific this year, due to China's slower economic growth…
Jackson Hole Might Reveal Potential Divergence Between Central Banks
This year’s Jackson Hole Economic Symposium may provide an early indication of the scale of the potential divergence between central…
ECB to Lift Rates With Services Inflation, Wage Growth Still Strong
The stickiness of services inflation and the strength in wage growth remain a key worry for the European Central Bank,…
BOE Could Raise Interest Rates 50 Basis Points in September
The Bank of England could raise the bank rate by 50 basis points at its September meeting, depending on U.K.…
Fed Likely to Start Cutting Rates in Second Quarter of 2024
Economists at Goldman Sachs say their baseline forecast calls for the Federal Reserve to start cutting the fed-funds rate in…
U.K. Recession Likely Despite Second-Quarter Growth
The U.K. is avoiding a recession for now but a contraction may lie ahead, Ruth Gregory, deputy chief economist at…
BOE Unlikely to Pause Rate Hikes Just Yet
September is probably too soon for a pause in the Bank of England’s cycle of raising interest rates, ING economist…
BOE governor Bailey cautious amid ‘unwelcome surprises’ in inflation
Bank of England Governor Andrew Bailey said Thursday that the central bank remains cautious in its battle to tame stubbornly high inflation…