Eagles-Browns Stock Market Report: RBs Pointed Up – Sports Illustrated
Eagles-Browns Stock Market Report: RBs Pointed Up Sports Illustrated
Yellen says the economy is not in a recession despite GDP slump
Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth.Recession, Yellen insisted, is a "broad-based weakening of our economy"...
China Cuts Lending Benchmarks to Arrest Economic Slowdown
SHANGHAI (Reuters) - China cut its benchmark lending rates on Monday, adding to easing measures announced last week, as Beijing steps up efforts to spur credit demand in an economy hobbled by a...
Inflation in Asia has peaked, Morgan Stanley says
Inflation in Asia has peaked compared with other major economies such as the U.S. and Europe, according to the chief Asia economist at Morgan Stanley. "Absolutely, inflation has peaked if you look at the data...
Central Banks Grapple With Dual Threat of Slowing Growth, Rising Inflation
The war in Ukraine is casting a stagflationary shadow over the world economy and posing a dilemma for central banks: Should they support flagging growth or fight skyrocketing inflation?Central bankers—who were already struggling...
Bank of England, Central Bank of Egypt team up to fight climate crisis
With just over 100 days to go before this year’s UN Conference of Parties on Climate Change (COP27), the Bank of England and the Central Bank of Egypt (CBE) are meeting to discuss...
Singapore steps up inflation fight with surprise central bank tightening
The Monetary Authority of Singapore building in Singapore, on Oct. 27, 2021. Singapore's central bank tightened its monetary policy on Thursday, in an off cycle move, saying the action will slow the inflation...
Gulf Central Banks Lift Rates as Fed Makes Second 75-Bps Hike
DUBAI (Reuters) -Most Gulf central banks lifted their main interest rates by three quarters of a percentage point on Wednesday, moving with the U.S. Federal Reserve as their currencies are pegged to the...