FRANKFURT (BLOOMBERG) – European Central Bank (ECB) president Christine Lagarde told investors to prepare for new guidance on monetary stimulus in 10 days, and signalled …
Fed chief offers more assurances on US economy despite inflation
NEW YORK (AFP) – The United States economy remains on a positive trajectory even as it contends with higher inflation, according to congressional testimony released …
S&P 500 ends choppy session at fresh record
NEW YORK (AFP) – The S&P 500 finished at a fresh record on Friday (June 11), concluding a choppy session on an upbeat note as …
S&P 500 ends at record as US stocks shrug off inflation spike
NEW YORK (AFP) – The S&P 500 finished at a fresh record on Thursday (June 10) as markets took in stride data showing another spike …
5 things to know about inflation
(NYTIMES) – To understand why inflation is so worrying to so many people, you could look at price charts for lumber or used cars or …
South Korea’s inflation hits highest since 2012 as economy recovers
(BLOOMBERG) – South Korea’s inflation rose to its highest since 2012 last month as the economy’s rebound gathered pace and as last year’s drop in prices …
Top US Fed official downplays inflation, warns against acting early
WASHINGTON (AFP) – The current spike in inflation is unlikely to pose a persistent threat to the US economy, and prematurely heeding calls to act …
Asia stocks spooked by US inflation alarm
SYDNEY (REUTERS) – Asian shares faced a third day of losses on Thursday (May 13) after a shocking rise in US inflation bludgeoned Wall Street …
Fed officials aren’t ready to remove supports yet
WASHINGTON (NYTIMES) – US Federal Reserve officials on Tuesday (May 11) stood by their strategy of waiting to see further improvement in the labor market …
MAS keeps Singdollar policy unchanged on low core inflation outlook
SINGAPORE – Singapore’s central bank is keeping monetary policy steady, saying it expects core inflation to remain low this year while raising the forecast for headline inflation. As widely expected, …
Fed members see inflation under control, but more express concern
WASHINGTON (AFP) – Most US central bankers viewed inflation as stable, but some are becoming more vocal about fears the Covid-19 pandemic will push prices …
Rising US bond yields threaten to drive down Singapore dollar
SINGAPORE (BLOOMBERG) – Rising US bond yields leave the Singapore dollar vulnerable to retesting a four-month low against the greenback in the run-up to the …
Fed chief Jerome Powell promises not to take away the punch bowl
WASHINGTON (NYTIMES) – It was once said that the governor of the Bank of England had the power to guide the behaviour of Britain’s banks …
Dovish Fed standing firm on inflation fears
WASHINGTON (AFP) – Skittish investors have see-sawed between celebration about the expected US economic recovery and nail-biting over a possible price spiral, but the Federal …
US tech stocks lose tug-of-war amid inflation worries
NEW YORK (AFP) – Wall Street closed out a volatile week mostly higher on Friday (March 12), but tech shares once again lost the battle …
US stocks near flat amid stimulus hopes, inflation fears
NEW YORK (AFP) – Wall Street stocks finished little changed on Friday (Feb 19), concluding a choppy week in which optimism over coronavirus vaccines and …