How Much Will It Cost to Defeat Inflation?

The economic cost of the battle against inflation is only beginning to emerge, but there are mounting signs that Europe could be among the hardest hit.


 
Fed's Collins doesn't rule out more interest-rate hikes 
 

Boston Fed chief Collins said interest rates could go higher and that they're likely to stay "higher, and for longer, than previous projections had suggested."


 
The IRS Is Going to Know if You Sold Your Taylor Swift Tickets 
 

In a big shift, anyone who took in more than $600 a year from reselling tickets could be in for a tax surprise.


 
Higher-for-Longer Interest Rates Threaten Fintech 
 

Shares of Affirm, Block and PayPal fell the day after the Fed announcement.


 
Higher Rates Are Supercharging Japan's Banks 
 

Stodgy Japanese banks have morphed into some of the globe's best investments in 2023.


 
An Insurance Regulator Asked for a Favor. It Cost a Senior Executive His Job. 
 

Prudential's CFO resigned after he tried to help line up a job for a regulator's relative.


 
Investec Forecasts Solid Rise in Profits 
 

Investec expects to report first-half adjusted profits of up to GBP450 million, driven by strong results in the U.K. and South Africa, and sees its return on equity meeting its guidance.


 
China's Economic Worries Spur a Different Kind of Shopping Spree 
 

Mainland tourists are flocking to Hong Kong in search of investment-focused insurance. One of the big beneficiaries: HSBC.


 
Japan Waits on Interest-Rate Increases, Although Inflation Runs Above Target 
 

The Bank of Japan kept its interest-rate targets unchanged amid rising prices and growing expectations for an early policy change.


 
Financial Services Roundup: Market Talk 
 

Bank Central Asia and Bank Mandiri and more in the latest Market Talks covering Financial Services.


(END) Dow Jones Newswires

09-22-23 1115ET