U.S. Secretary of the Treasury testifies before the Senate Appropriations Subcommittee on Financial Services March 22, 2023 in Washington, DC. Win Mcnamee
Tag: Economy
Financial instability as biggest market risk: Wells Fargo
A major Wall Street firm is ranking financial instability over inflation as the biggest market risk for the next three months. In
Fed decision in March 2023
Financial conditions have tightened more than the market shows, Powell says Financial conditions seem to have tightened more than the U.S. benchmark
Euro pushes higher as ECB chief Lagarde says inflation is still too high
European Central Bank (ECB) President Christine Lagarde announces a new monetary policy decision. Frederick Florin | Afp | Getty Images The euro
UK inflation rate breaks 3-month stretch of declines with surprise rise to 10.4%
U.K. inflation data paints a picture of the British economy. Bloomberg / Contributor / Getty Images U.K. inflation unexpectedly jumped in February,
Gold price could hit high amid SVB, Credit Suisse, bank problems
Investors have been flocking to gold and Treasurys as bank stocks have been whacked by the shuttering of Silicon Valley Bank and
Finland gives away free trips to travelers who want to learn happiness
Finland has been named the happiest country in the world — again. The Nordic country topped the “World Happiness Report 2023,” published
Fed likely to raise rates by a quarter point but it must also reassure markets on banking system
The Federal Reserve is expected to raise interest rates Wednesday by a quarter point, but it also faces the tough task of
Hong Kong retains spot as most expensive business destination in Asia
Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row,
Treasury Secretary Yellen says the government could backstop more deposits if necessary
US Treasury Secretary Janet Yellen testifies before the Senate Finance Committee on the proposed budget request for 2024, on Capitol Hill in
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