Bessent says US likely to unveil Iran bank sanctions this week
Treasury Secretary Scott Bessent told G20 finance leaders in North Carolina that Washington is likely to announce sanctions on an…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed Chair Kevin Warsh signals tighter policy in debut Jackson Hole address
Federal Reserve Chair Kevin Warsh used his debut Jackson Hole address to push back on optimistic inflation readings, and markets…
Trump Pushes for Rate Cuts as Warsh’s Fed Sends Hike Odds Above 66%
CME's FedWatch tool now puts the odds of a Federal Reserve rate hike at 66.4%, up sharply after Fed Chair…
China, Russia and Iran Deepen Ties at SCO Summit in Bishkek
China, Russia and Iran used the Shanghai Cooperation Organization's 25th-anniversary summit in Bishkek to tighten diplomatic and economic ties as…
Global bond sell-off deepens as Middle East tensions and inflation fears push yields to multi-decade highs
A global sell-off in government debt deepened on Tuesday as renewed fighting in the Middle East and stubborn inflation pressure…
