Tag: finance

Three months ago, Goldman Sachs was warning clients that the U.S. economy had a one-in-four chance of tipping into recession. The bank just cut that number by 10 percentage points, and the reason has nothing to do with anything the Federal Reserve did. Goldman Sachs chief economist Jan Hatzius …

World Bank to end China lending by 2031, FT reports

JPMorgan’s chief global economist Bruce Kasman titled the bank’s mid-year outlook “Promise and Pressure.” He published it on June 28. The two words are doing a lot of work in a year that has moved faster than most forecasters expected. The promise is that global growth is stabilizing in the second …

Bolivia ends 15-year dollar peg in attempt to restore economic stability

IMF chief economist Gourinchas says global economy remains firmly ’dollar-centered’

Dollar hits 13-month highs as investors bank on rate hikes

The S&P 500 has been running ahead of Wall Street’s targets all year. Banks that set their year-end forecasts in December have been revising them upward, sometimes more than once. Barclays joined the list again on June 23. Venu Krishna, the firm’s head of U.S. equity strategy…

Some Bank of Japan members call for faster rate hikes, summary shows

BOJ must scrutinise impact on financial system from AI, non-bank activities, Ueda says

Japan’s Katayama held talks with US Treasury’s Bessent on financial markets