Iran-Israel explosion blows Asia’s Fed hopes asunder
Anyone laughing at Lawrence Summers for predicting that the US Federal Reserve’s next move may be a tightening, rather than loosening, is rather quiet now.
Fed asian news
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.
BlackRock's Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
BlackRock CEO Larry Fink predicted Friday that the Federal Reserve likely will still cut interest rates this year but won't meet its inflation target.
Bank of England to scrap outdated inflation forecasting model in major overhaul after Fed boss’ review
LONDON — The Bank of England on Friday announced a "once in a generation" overhaul of its inflation forecasting following a long-awaited review by former Federal Reserve Chair Ben Bernanke.
Fed can start cutting interest rates by end of 2024, IMF managing director says
The Federal Reserve should be able to start cutting interest rates by the end of 2024, according to Kristalina Georgieva, managing director of the International Monetary Fund.
Fed likely to cut rates before ECB blinks, former BOE member says
The U.S. Federal Reserve is likely to cut interest rates before the European Central Bank does, a former member of the Bank of England said, defying current market expectations.
Bernanke Review: How the former Fed boss could shake up the Bank of England
LONDON — The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its monetary policymaking.
'They can't get it wrong again': Economists are increasingly uncertain about Fed rate cuts this year
The U.S. Federal Reserve is determined not to reduce interest rates too soon — and some economists say recent data has pushed a summer cut completely off the table.