Expect Powell to dodge questions about politics but there are some thorny issues around stronger growth that could trip him up.
Expect Powell to dodge questions about politics but there are some thorny issues around stronger growth that could trip him up.
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6-mo Treasury yields hit 4% as Fed hints at hikes. Bond market signals more hikes needed despite weak jobs.
NZIER's Monetary Policy Shadow Board narrowly favours holding the OCR at 2.25% in July, but calls it a line-ball decision against a 25bp hike, with members still agreeing rates should reach 3 to 3.25% within a year.
Old courthouse sold for $100K! A bargain for investors or a sign of market shifts?
Iran has opened talks with Japanese buyers on resuming oil sales for the first time since 2019 under a US sanctions waiver, but companies want a longer waiver and safety assurances over Hormuz shipping before committing, sources say.
8 dividend stocks offer up to 8.3% yield, analysts favor them for portfolio growth.
Chinese Foreign Minister Wang Yi told Investor AB's Jacob Wallenberg in Stockholm that Beijing welcomes deeper cooperation with Swedish and European businesses, as China works to rebuild trust and reassure investors ahead of a China-EU summit.
PM Modi said India will keep building refineries as Western nations shut plants, inaugurating an $8.3 billion, 180,000 bpd Rajasthan refinery expected to be the only new refinery commissioned globally this year.
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