US September trade deficit lowest in more than five years as goods exports soar
The U.S. trade deficit unexpectedly narrowed in September, touching the lowest level in more than five years, as exports accelerated…
Bank of England’s Bailey says continued QT needed to end interest rate risk
Bank of England Governor Andrew Bailey said he wants to remove as much interest rate risk as possible from the…
Supply chain diversification away from China is progressing from talks to action, EU chamber says
Supply chain diversification away from China is about to move from just talk to action. That’s what Jens Eskelund, president,…
Another Fed cut, but there is growing dissent
Fed cuts with forecast pointing to a hawkish tilt within the Fed The Federal Reserve has cut the Fed funds…
Spanish boom sows seeds of its own destruction
When it comes to post-Covid economics, Spain is a star performer. Since the end of 2019, the European Union’s fourth…
German economy remains stuck in meagre growth phase, Kiel Institute says
Germany’s economy has stabilised at a low level but remains stuck in a phase of only meagre growth, with a…
Big central banks edge back towards hiking mode, but Fed keeps cutting
Central banks in big economies are signaling a change of stance, with many now on hold after a long easing…
Fed puts up guardrails for Jay Powell’s successor
The Federal Reserve’s eroding tradition of genteel consensus augurs a bigger clash with the White House. A divided decision to…
How is the ECB proposing to streamline bank rules?
The European Central Bank proposed simpler bank supervision rules on Thursday in an effort to prune excessively complex regulation without…
How institutional investors reacted to US shutdown – survey
Despite uncertainty, institutional investors largely stayed neutral, avoiding major portfolio shifts in November, State Street Survey finds. The State Street…