macro
The dollar weakened against most of its major peers after soft US economic data reduced bets on a Federal Reserve interest-rate hike next month. Treasuries rose.
Sri Lanka’s inflation is expected to slow back toward the central bank’s target of 5% over the second half of this year and into next year, according to Governor Nandalal Weerasinghe.
automated-news
Yen edges up as traders push back Fed rate hike bets
Gold was steady as traders weighed the competing impacts of cooling US economic data and energy-led inflation pressure on the Federal Reserve’s interest-rate path.
A nascent rally in the Thai baht may be short-lived as the central bank is likely to maintain a dovish policy stance to support an economy hit by elevated oil prices, according to analysts.
The art is to say enough, and no more
If a crucial goal of central banks is controlling inflation, then targets for the pace of price changes have been an indispensable ally. To rise to the task of helping economies with the challenges of the 21st century, their usefulness needs a rethink.
If a crucial goal of central banks is controlling inflation, then targets for the pace of price changes have been an indispensable ally. To rise to the task of helping economies with the challenges of the 21st century, their usefulness needs a rethink.
automated-news
Britain’s BBC asked a US court for help in getting documents and testimony from members of US President Donald Trump’s family in connection with his US$10-billion defamation lawsuit against the British broadcaster, a court document showed. Lawyers for the BBC argued that Ivanka Trump, her husband Ja
automated-news
While tech leaders paint a positive future where work is optional thanks to AI, the "Godfather of AI" Geoffrey Hinton warns they’re “betting on AI replacing a lot of workers.”