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…
U.K. Borrowing Figures May Boost Headroom for Tax Cuts
U.K. borrowing figures may offer some fiscal leeway, Investec economist Ellie Henderson writes in a note. July borrowing came in…
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.…
China’s Central Bank Cuts Two Key Policy Rates
China’s central bank on Tuesday cut a set of policy rates, signaling a that the country’s benchmark lending rates will…
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…
China’s Central Bank Pledges to Flexibly Use RRR Cuts, Other Policy Tools
The People’s Bank of China will need to flexibly use monetary policy tools including reserve-requirement-ratio cuts, open market operations and…
Financing Conditions in U.S. to Remain Challenging
U.S. nonfinancial corporate borrowers are entering the second half of the year simultaneously buoyed by resilient economic activity and weighed…
