Economic News

(Bloomberg) -- President Joe Biden’s picks to be deputies to the U.S. Trade Representative pledged to work with American allies to compete with China and to find solutions to...

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. European Central Bank Executive Board member Isabel Schnabel pledged...

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The record-breaking rise in used-car prices is probably coming to an...

By Peter Nurse Investing.com -- The Bank of England is due to hold its latest monetary policy meeting, the Fed’s bank stress tests are due, while crude and equity indices move...

(Bloomberg) -- The global investment cycle is set to become less dependent on China and more broadly supported as countries around the world ramp up spending to offset coronavirus...

(Bloomberg) -- The Bank of England has a big task on Thursday, balancing the need to keep the economy recovering while limiting inflation and speculation about rising interest...

(Bloomberg) -- The U.S. is poised to bar some solar products made in China’s Xinjiang region, according to several people familiar with the matter, marking one of the Biden...

(Bloomberg) -- Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could decide to slow its asset purchases in the next few months and he favored lifting...

(Bloomberg) -- A measure of U.S. manufacturing activity expanded in June at the fastest pace in records dating back to 2007, fueled by easing pandemic restrictions and a...

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Bank of Canada Governor Tiff Macklem is in the final stages of a...

By Peter Nurse Investing.com -- Federal Reserve speakers continue to comment on monetary policy, Hong Kong's 'Apple (NASDAQ:AAPL) Daily' pro-democracy newspaper closes under...

(Bloomberg) -- Boris Johnson’s government is preparing to allow Britons who have been fully vaccinated against coronavirus to travel to more than 150 countries without the need to...

(Bloomberg) -- A discussion about raising interest rates is still quite a ways away as the Federal Reserve begins debating tapering its bond-buying program, New York Fed President...

By Peter Nurse Investing.com -- Fed chief Jerome Powell heads to Capitol Hill, a hedge fund that took on GameStop's army of retail investors is set to close, and Evergrande,...

By Yasin Ebrahim Investing.com - Federal Chairman Jerome Powell is expected to talk up the prospect job gains in the coming months, but reiterate that the recent notable increase...

(Bloomberg) -- Federal Reserve Chair Jerome Powell said inflation had picked up but should move back toward the U.S. central bank’s 2% target once supply imbalances...

(Bloomberg) -- The Federal Reserve should be prepared for inflation to surprise on the high end through next year, said St. Louis Fed President James Bullard. Inflation is likely...

(Bloomberg) -- President Joe Biden still sees sticking points in a draft bipartisan Senate infrastructure plan, as top aides warned Monday that they continue to explore other...

By Peter Nurse Investing.com -- European M&A is in full swing, French bonds react positively to the latest election results, crude benefits from doubts about Iranian supply, and...

(Bloomberg) -- European Central Bank President Christine Lagarde said its governing council is making “good progress” in talks on the biggest overhaul of the institution’s monetary...

By Noreen Burke Investing.com -- The Federal Reserves signal that interest rate hikes could come sooner than expected is expected to dominate market sentiment in the coming week...

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The Federal Reserve made some big headlines this week, but for a lot...

(Bloomberg) -- It may be appropriate for the Federal Reserve to begin raising interest rates next year given a forecast for inflation above the U.S. central bank’s 2% target, St....

(Bloomberg) -- Prospective home sellers who sat tight as U.S. prices climbed higher and faster than ever during the pandemic are finally emerging to cash out, a step toward easing...

By Peter Nurse Investing.com -- Sterling is under pressure as cases rise of a new Covid variant, while U.S. stocks edge higher in what has been a difficult week. Crude and sterling...

(Bloomberg) -- Long-term Treasury yields spiraled lower a day after the Federal Reserve pulled forward its signal for when monetary policy tightening may start, helping dim risk...

(Bloomberg) -- Turkey’s central bank kept interest rates unchanged for a third month on Thursday, as a weak lira and higher global commodity prices continue to cloud the inflation...

By Peter Nurse Investing.com -- The Federal Reserve shakes up the markets with a hawkish tone, with stocks and crude heading lower. Internet outages cause more disruption while...

(Bloomberg) -- Federal Reserve officials have said for months that price increases are temporary. On Wednesday, they weren’t so sure. “Is there a risk that inflation will be higher...

(Bloomberg) -- Treasury Secretary Janet Yellen suggested in remarks before a Senate panel that if Congress were to pass a capital-gains tax hike effective starting in April 2021,...

By Yasin Ebrahim Investing.com - The Federal Reserve kept interest rates and monthly bond buying steady, though signaled that it could hike rates sooner than previously expected....

(Bloomberg) -- The Federal Reserve is unlikely to change its stance on interest rates or asset purchases before its meeting in Jackson Hole, Wyoming, in August, said former Federal...

By Peter Nurse Investing.com -- The Federal Reserve concludes its two-day policy meeting, seen as a crucial get together for future market direction, and thus limiting Wall Street...

(Bloomberg) -- Confidence among U.S. homebuilders declined in June to a 10-month low as elevated costs continued to dampen demand for new homes. A gauge of builder sentiment fell...

(Bloomberg) -- Goldman Sachs has raised its expectations for Saudi Arabia’s oil production and economic growth as crude prices rise well over $70 a barrel. The bank’s Middle East...