Fed’s Hammack sees no urgent reason to lower rates
Federal Reserve Bank of Cleveland President Beth Hammack said on Monday she sees no imminent need to lower interest rates…
Trump threatens 100% tariffs on Russian export buyers unless Ukraine peace deal is reached by September
President Donald Trump on Monday threatened to impose “secondary tariffs” on Russia’s trade partners “at about 100%” if President Vladimir…
Aggregate financing strength masks weak credit demand in China
China’s new aggregate financing rose 27.3% YoY in the first half of the year, up to RMB 22.83tr. While the…
Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy
U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing…
China’s economy slows as consumers tighten belts, US tariff risks mount
China’s economy slowed less than expected in the second quarter in a show of resilience against U.S. tariffs, though analysts…
State Street Stock Falls on Earnings Miss
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