Powell Is Poised to Keep Fed on Higher-for-Longer Path
Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates.
Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates.
Germany is considering scaling back plans to tighten government screening of Chinese investments, the Wall Street Journal reported.
The debate for the Federal Reserve is beginning to shift from how many times to cut interest rates this year to whether to cut them at all in 2024.
Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter.
Poland is planning to cut the maximum electricity tariff that utilities can levy by 19% in order to reduce the costs of state subsidies and help shield households from the full impact of price increases.
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