Truss defends economic plan in first remarks since U.K. financial turmoil
admin LONDON (AP) — British Prime Minister Liz Truss defended her economic plan Thursday and said…
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UK Government Tax Cuts Are Credit Negative, Moody’s Says
By Xavier Fontdegloria The series of large tax cuts and increased spending outlined by the…
Read MoreGilt yields jump to highest since 2008 crisis after IMF hits out at U.K. budget
U.K. bond yields surged to fresh 14-year highs after the International Monetary Fund criticized the…
Read MoreIMF scolds U.K. on fiscal plan that has upset financial markets
The International Monetary Fund on Tuesday afternoon weighed in on the massive tax-cut package and…
Read MoreChicago Fed president defends dot plot as he says interest-rate plateau may be warranted next year
Chicago Fed President Charles Evans on Tuesday gave a spirited defense of the dot plot…
Read MoreGilt yields pull back from multi-year highs as BoE and Treasury seek to calm nerves
U.K. government bonds rallied strongly on Tuesday, forcing yields down from multi-year highs, as the…
Read MoreTraders shrug after Bank of England says it ‘won’t hesitate’ to raise rates to meet inflation target
Investors and traders appeared to shrug Monday after the Bank of England said it was…
Read MoreBritish pound hits record low, then pares losses, as investors react to tax-cut plan
The British pound hit new lows of $1.0349 against the U.S. dollar in the early…
Read MoreBritish pound hits record low, then pares losses, as investors react to tax-cut plan
The British pound hit new lows of $1.0349 against the U.S. dollar in the early…
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Opinion: Biden’s student-debt forgiveness encourages universities to raise tuition and will compromise Federal Reserve and congressional powers
Present Joe Biden’s student-loan forgiveness has attracted wide criticism, but few express the menace it…
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