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US not suffering from ‘stagflation’, says Fed chairman Jerome Powell
The Telegraph via Yahoo Finance· 11 hours agoThe central bank chief added that it was “unlikely” the Fed would need to raise interest rates any...
Southeast Seas Rising Faster than Other Regions, 'Turbocharging' Floods, Report Finds
Insurance Journal· 40 minutes agoHigher seas are now “turbocharging” flash floods, damaging homes, autos and businesses and human...
Pesky inflation pushes Fed to hold steady on interest rates
Deseret News via Yahoo Finance· 7 hours ago“It is likely that gaining greater confidence will take longer than previously expected.” The most...
Japan Tries to Maintain Mystery on Whether it Intervened on Yen
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Japan’s top currency official declined to say if authorities stepped into the foreign...
Drops in commodity prices worldwide have ‘hit a wall’ — that’s bad news for inflation: World Bank
New York Post· 3 days agoIt also serves as cool comfort to the Fed’s 2% target goal, the World Bank noted, which is a figure...
India's 8.5% growth rate has some 'fluff,' former central bank chief Raghuram Rajan says
CNBC· 20 minutes agoThere is some 'fluff' in India's economic growth rate, according to former Reserve Bank of India...
Japanese Yen fades possible intervention-led gains, slides below 156.00 against USD
The Forex Market· 3 hours agoThe Japanese Yen (JPY) surged to over a two-week high against its American counterpart on Wednesday...
Financial Services Roundup: Market Talk
The Wall Street Journal· 8 hours agoThis, they say, provides confidence that the trough of credit growth has been passed. Still, the analysts say they have “yet...Westpac, NAB and CBA. For...
UnitedHealth Hack Put Data of One in Three Americans at Risk
Bloomberg via Yahoo News· 8 hours ago(Bloomberg) -- UnitedHealth Group Inc. Chief Executive Officer Andrew Witty told lawmakers his...
Persistently High Commodity Prices Could Delay Interest Rate Cuts, World Bank Says
The Wall Street Journal· 7 days agoGlobal commodity prices are expected to soften this year and next but remain considerably above...