macro

China’s central bank is stockpiling more gold in Hong Kong, according to people familiar with the matter, in a move that’s likely to support the city’s push to become a major bullion-trading hub.

Christine Lagarde and Scott Bessent spoke only after Washington’s historic intervention

The US blindsided the European Central Bank last week with its historic currency intervention to help Japan, only informing its counterparts in Frankfurt after it sold euros to buy the yen, the Financial Times reported, citing several people familiar with the matter.

In recent years, emerging markets absorbed the increased risk appetite that the Federal Reserve’s volatility-reducing forward guidance had created. The post The end of forward guidance can discipline capital flows in emerging markets appeared first on Atlantic Council.

The art is to say enough, and no more

When the Supreme Court voted narrowly to preserve the independence of the Federal Reserve at the end of June, many investors breathed a sigh of relief. It may have been premature. Because on the same day, in another decision, the court killed the independence of every federal agency — including the

US central bank chair remains confident that sweeping reforms will win over key investors

Federal Reserve Chairman Kevin Warsh is said to be prepared to stick with his revised communications style despite a selloff in US Treasuries following last week’s Fed meeting, according to a report in the Financial Times. Michael McKee has more on Bloomberg Television. (Source: Bloomberg)

Federal Reserve Bank of San Francisco President Mary Daly says "alarm bell" isn't sounding off yet on longer-run inflation expectations during an event in Tokyo. (Source: Bloomberg)

Stocks struggled for direction amid weakness in the technology sector, with investors awaiting developments in US-Iran talks and looking ahead to Friday’s key US jobs report.