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Nomura economists note Norges Bank kept its policy rate at 4.25% in August despite softer CPI-ATE inflation. The bank still flags a possible further hike, but they now expect a November move, with risks tilted to no additional increase and no rate cuts projected until September 2027.
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Federal Reserve Bank of Cleveland President Beth Hammack says the US labor market is "broadly stable" while inflation has been missing the central bank's target during an event with the Dayton Area…
The online bank cut full-year revenue and profit forecasts after first-half crypto trading levels slumped.
Priya Misra, Portfolio Manager at JPMorgan Asset Management, joins Bloomberg’s Vonnie Quinn on "Bloomberg Brief" to discuss the Fed’s rate path forward. (Source: Bloomberg)
The visa cancellations followed the creation of a Birth Tourism Prevention Task Force by State Department to identify people allegedly abusing the US visa system, dismantle networks facilitating birth…
Despite a challenging global environment, industry leaders express optimism
Futures rose ahead of Thursday's producer price data, but Cisco's 6% drop after strong earnings shows AI-stock nerves haven't gone away.