US unemployment rate hits 4.3% as job growth slows considerably
The U.S. unemployment rate jumped to near a three-year high of 4.3% in July amid a significant slowdown in hiring,…
BoE’s Bailey cautions against prospect of successive rate cuts
Bank of England Governor Andrew Bailey said on Thursday he would caution against expectations that interest rates could be cut…
Size of looming Fed rate cuts may hinge on job market
For financial markets, the key question hanging over the Federal Reserve’s expected policy easing increasingly revolves around the size of…
Fed rate cuts loom large as job market slows sharply
U.S. central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after…
Rising Negative Outlooks Reflect Weaker U.S. 2H24 Credit Environment
Fitch Ratings anticipates a modestly weaker U.S. credit environment in 2H24, according to the latest U.S. Credit Brief. Consumer spending…
BOJ governor’s hawkish streak signals more hikes to come
Once seen as a cautious policy dove, Bank of Japan Governor Kazuo Ueda is now presenting himself as a determined…
Greece’s Alpha Bank raises full-year guidance
Alpha Bank, Greece’s fourth-largest lender by market value, raised its full-year profit guidance on Friday after a 22.6% jump in…
Japan warns of weak yen impact on households in government white paper
A weak yen is hurting Japanese households’ sentiment and could erode their purchasing power, the government said in a report…
US 30-year mortgage slides to lowest since February, Freddie Mac says
The average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February…
Taiwan buys estimated 105,650 T wheat of U.S.-origin, traders say
The Taiwan Flour Millers’ Association purchased an estimated 105,650 metric tons of milling wheat to be sourced from the United…