Why the Bank of England Didn't Follow the Fed in Raising Rates
The U.K. central bank is monitoring for signs that higher energy costs are spilling over into everyday prices.
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Stocks Climb as Markets Retrace Post-Fed Moves
U.S. stocks jump as investors shake off the jitters that followed the Federal Reserve's first rate increase in three years.
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U.S. Treasury Yields Fall as Fed Regains Trust, BOE Leaves Rates Unchanged
Treasury yields declined from recent multiyear highs, reflecting increased trust in the Fed's resolve to tame inflation.
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Canada Producer Prices Continue to Increase on Energy Costs
Statistics Canada's industrial product price index increased 1.3% in July from the month before. Compared with a year earlier, prices were 13.5% higher, a 23rd straight annual increase.
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U.S. Housing Starts Fell in August, Missing Expectations
Housing starts fell 2.6% in August to 1.275 million. Economists expected a reading of 1.3 million and for starts to rise 4.9% over the month.
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U.S. Jobless Claims Tumbled Last Week
The number of people who filed for unemployment benefits was 196,000 in the week through Sept. 12, 10,000 lower than the unrevised 206,000 reported a week earlier, the Labor Department said.
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Taiwan Central Bank Holds Rates, Raises Growth and Inflation Forecasts
The decision had been expected to be a close call, with economists polled by The Wall Street Journal nearly evenly split over whether policymakers would raise rates or hold steady.
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Tokenized Stocks Get U.S. Regulator's Green Light to Come Ashore
The SEC granted exemptions to allow venues to trade digital tokens, but give corporate issuers the chance to block the offerings.
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China's Private-Equity Lull Seen as a Boon, if You Know Where to Look
At times when others have pulled back, LGT Capital has continued deploying capital into the country.
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Rising Rates Will Make Private Equity's Bad Year a Lot Worse
The Fed's hike is expected to wreak havoc on funds already struggling to sell companies and return cash to investors.
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Saudi Arabia Has Another Option to Get Its Oil Out
A shuttle service that slips oil through the Strait of Hormuz now looks like the kingdom's best fallback.
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Higher Interest Rates Lead to More Inflation, Says This Economist. Take That, Central Bankers.
John Cochrane, a senior fellow at the Hoover Institution, says that rate cuts will lower inflation only in the short term so long as fiscal policy favors borrowing and spending.
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Carney Puts His Pivot Away From the U.S. to the Test
The Canadian leader is attempting the most dramatic reorientation of his country's economy and alliances in almost 40 years.