FRANKFURT— European Central Bank may set policy for a relatively short period at this month’s meeting given heightened uncertainty but should not delay a decision… Read More »ECB Likely to Avoid a Long-Term Commitment in December: Lagarde
Omicron coronavirus variant threatens to fuel soaring inflation in the United States by further pressuring supply chains and worsening worker shortages, Cleveland Federal Reserve Bank… Read More »Fed’s Mester Says Omicron Threatens to Stoke US Inflation: FT
Federal Reserve policymakers on Thursday sounded sanguine about the economic impact of the latest COVID-19 variant, but flagged rising inflation in remarks that suggested growing… Read More »Unfazed by Omicron, Fed Policymakers Show Greater Consensus for Faster Taper
WASHINGTON—Randal Quarles, the former regulatory chief of the Federal Reserve, said on Thursday that U.S. regulators may “unnecessarily” hamper innovation around so-called stablecoins if they… Read More »Fed’s Quarles Says Regulatory Overkill Could Stifle Stablecoin Innovation
News Analysis Incredibly, many Americans and others still believe Chinese leader Xi Jinping’s propaganda about “shared futures,” “whole democracy,” and “Chinese benevolence.” So far—and thanks… Read More »Communist China Declared War on the US Long Ago: Part 3
News Analysis Canada’s major banks, institutional investors, and homebuyers took on more risk than normal during a prolonged period of low interest rates, a distortion… Read More »Mortgage Debt Could Weigh Down Economy When Interest Rates Rise
Fund management firms across the United States, Europe, and Japan have recommended holding equity exposure rate steady in a model portfolio, according to a Reuters… Read More »Equity Exposure Remaining Steady, US Rates and Omicron Pose Risks: Global Fund Managers
Rising inflation, labor shortages, and supply chain disruptions were acting as resistance to the growth of the U.S. economy as it entered a period of… Read More »Supply Chain Crisis, Labor Shortages Holding Back Economic Growth: Fed
Federal Reserve Bank of Cleveland President Loretta Mester told Bloomberg she is open to a faster timetable for dialing back the Fed’s asset purchases to… Read More »Fed’s Mester ‘Very Open’ to Faster Taper in Light of Inflation and Jobs Data
BEIJING—Global stocks and Wall Street futures were mixed Thursday as traders tried to figure out the potential impact of the latest coronavirus variant. London and… Read More »Global Markets Mixed After Wall Street Decline, Virus Unease
News Analysis To begin to access the trillions of dollars needed to transition to green energy, policy-makers are increasingly justifying climate change as a threat… Read More »Focus on Financial Regulation to Mitigate Climate Change Alarms Experts
WASHINGTON—In a fresh sign of his growing concerns about inflation, Chair Jerome Powell said Wednesday that the Federal Reserve can’t be sure that price increases… Read More »Powell: Fed ‘Not at All Sure’ Inflation Will Fade Next Year
A historic number of workers have become their own bosses amid the COVID-19 pandemic, according to data from the Bureau of Labor Statistics (pdf). As of October,… Read More »Historic Number of Workers Quit Jobs to Become ir Own Bosses Amid COVID-19 Pandemic
LONDON/TOKYO—Global factory activity accelerated in November although crippling supply bottlenecks remained, putting a cap on output and driving up the cost of raw materials, according… Read More »Factories Facing Supply Headaches as Omicron Risks Emerge
PARIS— main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the… Read More »OECD Says Inflation Is Main Risk to Economic Outlook
LONDON/MILAN—Uncertainty about the COVID-19 pandemic has not dented prospects for European stocks to hit record highs in 2022, boosted by a recovery in corporate profits,… Read More »European Stocks Seen Reaching New Records in 2022: Poll
LONDON—OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the market or restrain supply amid… Read More »OPEC+ Begins Two Days of Talks Amid Oil Rout
London鈥擳he dollar edged up on Wednesday as euro-dollar volatility hit the highest level of the year in response to worries about the Omicron variant, while… Read More »Euro Dollar Volatility Surges on Omicron, Bets on Fed
upward trend of prices on items imported聽into Paraguay continues with no end in sight. Inflation on imports was 9.3 percent higher in 2021 than it… Read More »Paraguay Suffering as Inflation Pushes Cost of Imports to 16-Year High
New York Federal Reserve launched a new innovation center on Monday that will support the central bank as it explores the possibility of a digital… Read More »Fed’s Powell Says New Innovation Hub Will Help Central Bank Improve Payments
U.S. central bank should consider accelerating the winding down of its large-scale bond purchases at its next policy meeting in two weeks amid a strong… Read More »Powell Puts Faster Bond-Buying Taper on Fed’s Christmas Table
Federal Reserve Chair Jerome Powell faced a grilling on the persistence of inflationary pressures during a Senate hearing on Nov. 30, with the central bank… Read More »Powell Says It’s Time to Retire Word ‘Transitory’ From Fed’s Inflation Narrative
News Analysis Just like with Japan’s meteoric rise to the world’s number two economic power, followed by a crash and stagnation, many experts believe it… Read More »China Following Japanese Pattern of Debt and Real Estate Crisis
BERLIN—Germany’s incoming Finance Minister Christian Lindner on Tuesday vowed to champion solid public finances and a reduction of debt levels across the euro zone so… Read More »Germany’s Incoming Finance Minister Rings Alarm Bell on Inflation
Japanese yen jumped toward 113 against the U.S. dollar on Tuesday while the greenback slid against its rivals after Moderna CEO Stephane Bancel said COVID-19 vaccines… Read More »Japanese Yen Jumps While Dollar Dives on Pessimistic Vaccine Outlook
Consumer price inflation across the 19 countries that use the euro currency accelerated in the year through November at its fastest pace since records began… Read More »Eurozone Inflation Hits Record High of 4.9 Percent, Broadens Into Non-Energy Categories
U.S. Federal Reserve chair Jerome Powell says the emergence of a new聽CCP (Chinese Communist Party) virus聽variant poses a risk to employment and inflation in the… Read More »Fed Chief Says Omicron Poses Risk to Employment, Inflation, Supply Chains
On either side of the Atlantic, inflation is affecting many nations, with the developing economies of Central and Eastern Europe bearing the brunt of the… Read More »Food and Fuel Costs Rise Drastically Due to Inflation in Central Europe
News Analysis If China “dumped” all of its U.S. debt and U.S. Treasury bills in a single day, it would lose a lot of money,… Read More »China’s Currency Weapon a Boon for US
OTTAWA鈥擟urrency markets calmed on Monday in Asia after the initial shock of Omicron’s discovery sent investors scurrying for cover last week, but analysts warned of… Read More »Currencies Recover From Omicron Chaos but Analysts Warn More Volatility Ahead