ECB's Villeroy: The ECB will maintain rates at 4% as needed

Flashing back to our Economics 101 classes, we know that, all else equal, a shortage of supply relative to demand will lead to rising prices. We’re see a textbook example of that ...

The Australian dollar continues to drift as we start the new trading week. In Monday’s European session, AUD/USD is trading at 0.6438, up 0.11%. The Reserve Bank of Australia ...

U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation without a recession, meet this week with an autoworkers strike, a possible ...

A typical day sees almost $4 trillion in new FX swap contracts, most of which involve a payment of US dollars (BIS (2022)). Unlike for repo and other forms of debt, the full ...

Consumer spending, which accounts for about 60% of U.S. economic activity, has taken a few knocks but remains healthy overall.