Fed Chair Kevin Warsh Ends Forward Guidance, Runs Central Bank Like a C-Suite
Kevin Warsh, who became Federal Reserve chair in May, is breaking from his predecessors by cutting back on forward guidance…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Trump Says Prices Are Dropping Fast. Core Inflation Data Says Otherwise
Core Personal Consumption Expenditures inflation is stuck near 3.3% even as President Trump insists prices are falling fast. The gap…
BIS chief says stablecoins lack credibility for payments at scale
BIS General Manager Pablo Hernández de Cos says stablecoins do not credibly work as a means of payment at scale…
US-UAE economic isolation campaign targets Iran’s Dubai trade lifeline
The US and the UAE are moving to cut Iran off from Dubai, the offshore hub that has kept Tehran's…
Ukraine’s Budanov says Kyiv preparing for winter combat as ceasefire prospects dim
Ukraine's military intelligence chief says Kyiv is preparing for continued fighting through the winter rather than a near-term ceasefire, as…
