European Central Bank Governing Council member Fabio Panetta said the time is right for an interest-rate cut next month. from Bloomberg Markets https://ift.tt/UEIaK8k
Higher for longer? A Nobel laureate is deeply uncertain about the path forward from Bloomberg Markets https://ift.tt/ToIwqjv
Treasury Secretary Janet Yellen said the outlook for higher interest rates over the long haul makes it tougher to contain US borrowing needs, heightening the importance of boosting revenue in negotiations with Republican lawmakers. from Bloomberg Markets https://ift.tt/8kcsuYE
Zambian economic growth is expected to recover next year from the effects of the worst drought in at least four decades, Secretary to the Treasury Felix Nkulukusa said. from Bloomberg Markets https://ift.tt/TLZaQyO
The early-year acceleration in workers’ pay in the euro zone is no cause for concern on inflation, according to European Central Bank Governing Council member Mario Centeno. from Bloomberg Markets https://ift.tt/h3Dvuma
China said a deputy head of the State Tobacco Monopoly Administration is under investigation by the anti-graft agency for “serious violations” of the law, the latest senior government official to be probed for alleged wrongdoing. from Bloomberg Markets https://ift.tt/z9K1cbU
Vietnam’s monetary authority reiterated its plan to keep selling dollars to some banks as a way of intervening in the foreign exchange market to support the local currency, which has fallen to a record low. from Bloomberg Markets https://ift.tt/tODGHhg
French President Emmanuel Macron heads to Germany for a three-day state visit on Sunday that will test the ability of the European Union’s core couple to set the bloc’s agenda just two weeks before potentially bruising elections. from Bloomberg Markets https://ift.tt/IHqmbkY
Hawaiian Electric Industries Inc. says it isn’t legally responsible for the devastating fire last year that razed the historic town of Lahaina — it was Maui County’s fault. from Bloomberg Markets https://ift.tt/ZvKODAq
The Philippines has warned of heavy rainfall and strong winds hitting the archipelago as Tropical Depression Aghon made landfall on Saturday, and threatened to intensify into a typhoon before leaving the Southeast Asian nation. from Bloomberg Markets https://ift.tt/vRLHdMb