The US will pay a big price for its game of chicken

Save articles for later Add articles to your saved list and come back to them any time. The House Republicans gambled with the fate of the US financial system and economy, and potentially the global financial system and economy, for this? The in-principle deal that House speaker Kevin McCarthy agreed […]

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Indonesia Central Bank Keeps Rate Unchanged

Indonesia’s central bank left its benchmark rate unchanged for the fourth consecutive meeting on Thursday, as inflation moved closer to the target. The Board of Governors of Bank Indonesia, led by Governor Perry Warjiyo, decided to hold the seven-day reverse repo rate at 5.75 percent. The deposit facility rate was […]

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UK Inflation Strengthens Call For June Rate Hike

UK consumer price inflation slowed less than expected in April and the core rate accelerated unexpectedly to a 31-year high, strengthening the case for another interest rate hike from the Bank of England in June. The consumer price index, or CPI, registered an annual increase of 8.7 percent in April […]

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