macro

Federal Reserve Bank of Richmond President Tom Barkin warned it could take time for inflationary shocks to wane and there is a risk elevated pressures could become entrenched.

ECB, EU central banks oppose stablecoin bank deposit rule Reuters

‘Dismal’ £18bn figure for August comes as inflation drives up government spending

Pacific Investment Management Co.’s chief investment officer says long-term US Treasury yields above 5% are leading the firm to trim back its underweight position on the debt.

Federal Reserve Bank of New York President John Williams said the shift to central clearing for US Treasuries and Treasury-collateralized repurchase agreements was ahead of schedule.

As the country’s central bank tightens monetary policy, investors who leveraged its currency for higher yields may be forced into a sell-off

‘Dismal’ £18bn figure for August comes as inflation drives up government spending

AI stocks lift Wall St as oil falls, Treasury yields decline Reuters

Austan Goolsbee voices concern that price growth is being fuelled by ‘overheating demand’ on top of Iran supply shock

Gold edged lower as investors weighed the risk of a series of further US Federal Reserve rate hikes, even as benchmark oil futures extended a decline toward $100 a barrel.