Economy

JPMorgan Chase (NYSE:) CEO, Jamie Dimon, has warned of a possible 7% interest rate rise and systemic stress due to…

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence dropped to a four-month low in September, weighed down by persistent…

The numbers: Orders for long-lasting or durable goods rose a stronger-than-expected 0.2% in August, but the increase stemmed from higher defense…

Earl Davis, an analyst at BMO, predicts a final interest rate hike for 2023 due to persistent inflation. However, he…

In a move to address the ongoing depreciation of the forint, Hungary’s Monetary Council reduced the overnight deposit rate to…

The numbers: Mortgage demand fell as mortgage rates surged to multi-decade highs. The 30-year mortgage rate hit it highest level…

The Asian Infrastructure Investment Bank (AIIB), led by China, has pledged to provide Bangladesh with a $4.5 billion loan over…

In a recent move to address the ongoing housing crisis, Canada’s Finance Minister Chrystia Freeland announced on Tuesday that the…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…

WASHINGTON (Reuters) – The U.S. Senate on Tuesday secured the votes needed to limit debate on advancing a temporary government…