Boston Fed President Susan Collins, who is not a voting member of the FOMC this year, said the central bank should maintain rates at their current levels for some time.
The economic impact of the Middle East conflict on Asia will largely depend on how long it drags on, the chief economist of the Asian Development Bank.
An extended war in the Middle East could push up inflation expectations and prompt a change in the European Central Bank’s policy stance, its vice president said Thursday.
Early 2026 data have painted an economy on steady footing at the start of the year—but with risks from stubborn inflation, a job market that has slowed, and heightened uncertainty about economic policy.
Global authorities must step up their surveillance of lending by nonbank players like hedge funds and institutional investors to minimize risks to financial stability, Bank of Canada Gov. Tiff Macklem said.
ADP’s monthly report on business payrolls showed the economy added 63,000 jobs last month, versus the revised 11,000 seen in January. Analysts surveyed expected 48,000 new private-sector jobs.
Rich-country governments will have to sell $14.5 trillion in bonds just to replace securities that are maturing, and new borrowing will likely bring total issuance to a record $18.3 trillion.