Let's just kind of sum up what Andrew Bailey has to say yesterday, downplaying the 30 year. You can understand why and also kind of downplaying the possibility of an interest rate cuts as well. Yes.That overall that the tone has been interpreted as being cautious. And this is probably confirming the paring back we've seen in bets about further rate cuts going forward in the year. So we had our August rate cut decision.We had this historic deadlock amongst the monetary Policy committee members. So this is re ...

Australia’s household spending accelerated in July on strong growth in services, reinforcing expectations the Reserve Bank will keep interest rates unchanged later this month https://t.co/AhkcyLuPj8 ...

“Americans want a party that believes the pie can grow bigger, not one that just argues about how to slice it smaller,” writes the entrepreneur. In a guest essay he argues that the Democrats should refocus https://t.co/CfVG4YOQCk ...

With the economy at a turning point, Friday's report on job creation will attract even more attention than usual. Forecasters expect it to show August was lackluster for job growth. https://t.co/bxHuY6SBSQ ...

Thailand’s economic growth next year is looking increasingly at risk amid a possible delay in the budget because of the country’s political deadlock, according to outgoing central bank Governor Sethaput Suthiwartnarueput https://t.co/ChhC9oiPxh ...

Denmark’s largest lender has slashed its forecast for the nation’s economy amid weaker prospects for Novo Nordisk, the pharmaceutical giant that has underpinned growth in recent years https://t.co/we8SHIfUqG ...

Australia’s economic growth accelerated in the second quarter led by household consumption as easier monetary policy underpinned activity https://t.co/pPmGEkGCI9 ...

Finland’s government agreed on a budget for next year as it strives to address ballooning debt and kickstart growth in one of Europe’s weakest economies https://t.co/F59n6mT3Eu ...

[Music] GDP grew initially by 3% in the second quarter, but that was just revised to 3.3% on the second estimate. But is this growth a sign of true economic strength, or is it just a temporary uptick. Consumption came in a bit higher, but business investment was actually a bit lower than previously reported.This overall turnaround in GDP followed a first quarter contraction that was the first since 2022 as companies race to imports goods ahead of tariff hikes. However, current consumer sentiment remains ble ...

Welcome back. As the president moves to fire Fed Governor Lisa Cook, new reports say he is looking to quickly find a replacement. One of the potential candidates being former World Bank President David Malpass.He joins us now in an exclusive interview. David, it's great to see you. Welcome.>> Hi Sarah. Good to be on. Thanks.>> La last hour we were talking to Alan Blinder who former Federal Reserve vice chair said that it's an assault on independence that that the president is trying to do this to Lisa Cook. ...