BOE’s Bailey Says Employer Tax Rises Warrant Gradual Rate Cuts
The UK government’s move to raise taxes on employers means the Bank of England will have to take a cautious approach in ...
Turkish Lira Offshore Rates Jump as Traders Cut Carry Exposure
The cost of borrowing Turkish liras overnight in the offshore market spiked above 50% for the first time since early ...
Panetta Says ECB Rates Must Move to Neutral Level to Aid Growth
The European Central Bank should cut interest rates far enough to ensure they are no longer constraining economic growth, ...
Russia’s Crude Exports Slump to the Lowest Since September
The Kremlin’s oil income slumped with a decrease in weekly-average prices for Russia’s major crude streams adding to the ...
SpaceX Aims to Redo ‘Chopsticks’ Rocket Catch In Starship Flight
SpaceX is slated to launch its gargantuan Starship rocket on Tuesday out of South Texas, a key test that is expected to include a guest visit from President-elect Donald Trump.