Economics
Biden Appoints New Fed Vice Chair as Fedwatch Tool Shows Slim Chance of Rate Hike at June Meeting
Investors believe it is highly likely that the target rate will remain… More… The post Biden Appoints New ...
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10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
The leaders of 10 Southeast Asian nations, members of the Association… More… The post 10 Southeast Asian Nations ...
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US Government Faces ‘Significant Risk’ of Default in June, Congressional Budget Office Warns
The Congressional Budget Office (CBO) has stressed that “there is… More… The post US Government Faces ‘Significant Risk’ ...
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G7 Nations Discuss Countering China’s ‘Economic Coercion’
The Group of Seven (G7) countries are discussing ways to counter China’s… More… The post G7 Nations Discuss ...
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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
Inflation in China registered an increase of 0.1% year-over-year… More… The post Inflation in China Down to Lowest ...
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IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations
The International Monetary Fund (IMF) has warned of “very … More… The post IMF Warns of ‘Very Serious ...
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US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’
U.S. Treasury Secretary Janet Yellen has warned again about the consequences… More… The post US Treasury Secretary Janet ...
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SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets
Securities and Exchange Commission (SEC) Chairman Gary Gensler … More… The post SEC Chair Warns US Default Would ...
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Goldman Sachs, Yellen Warn of US Default’s ‘Catastrophic Consequences’ — ‘There Is Real Risk to US Dollar’
A Goldman Sachs executive who also serves as the chair of a Treasury… More… The post Goldman Sachs, ...
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Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts
Former U.S. President Donald Trump has urged Republican lawmakers… More… The post Donald Trump Urges Republicans to Let ...
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