Fed Holds Rates Steady at 3.5%-3.75%; Warsh’s ‘Deliver It, Already’ Captures Inflation Impatience
The Federal Reserve held its target rate at 3.5%-3.75% on Wednesday, with three of twelve FOMC members dissenting in favor…
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Bank of England Holds Rate at 3.75% as Iran Conflict Clouds Inflation Outlook
The Bank of England held its Bank Rate at 3.75% for a fifth straight meeting, with three of nine policymakers…
RBI sells $7 billion to defend the rupee near record lows
India's central bank sold $7 billion in the foreign exchange market to defend the rupee near record lows, one of…
Schroders shorts US Treasuries and rotates into Australian and European front-end bonds
Schroders Plc, which manages roughly $1.1 trillion in assets, is increasing bearish positions on US 5-year and 10-year Treasury notes…
German state inflation accelerates in July, reinforcing the case for a September ECB hike
Inflation accelerated in four German states in July, with Bavaria's annual rate reaching 2.8% and North Rhine Westphalia's climbing to…
