Greece’s budget surplus this year will be higher than previously expected, while the country’s economy will grow at a 2% rate in 2026 before accelerating to 2.3% next year.
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Chicago Fed’s Carolin Pflueger thinks only rates, not words, can affect public perception.
We all know that US Treasury yields have been surging, alongside bond yields all around the world. So what explains the selloff and does this mean that bonds are becoming fundamentally riskier? What happens if investors can no longer hedge stocks with government debt? And how do expectations of the Federal Reserve’s “reaction function” fit in? In this episode, we speak with Carolin Pflueger, associate professor at the University of Chicago and a resident scholar at the Chicago Fed, about her wor
Schneider Electric, the maker of electrical equipment that has thrived from the AI build-out, on Monday struck a $23 billion deal to buy an industrial design software company at a bargain-basement valuation.
Palm oil inventories in Malaysia likely swelled to a record last month, buffering supplies of the world’s most-used vegetable oil as an intensifying El Niño threatens to disrupt production in the coming year.
Top officials in the US and India signaled that negotiations over a trade deal have reached an impasse that’s making it difficult to clinch an agreement.
Energy Aspects founder Amrita Sen says the increased cost of shipping is the reason why Saudi Arabia cut prices of its benchmark grade to Asia. “It’s costing about $30 per barrel right now to move oil from Hormuz to Asia,” she tells Bloomberg Television. “The biggest issue is ship-to ship,” she adds. (Source: Bloomberg)
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Rates, the dollar, inflation, central banks and fear: the seven forces behind what moves the gold price, and why they so often pull in different directions.
