BOE Holds Rates as Switzerland Is First Rich Economy to Cut
The Swiss move indicates borrowing costs are set to fall broadly across advanced economies over the coming months despite signs that inflation is proving stubborn.
Philadelphia Fed's factory gauge stays in expansion territory for second straight month
The Philadelphia Fed said Thursday its gauge of regional business activity stayed in expansion territory in March, slipping only slightly to 3.2 from 5.2 in the prior month.
Dow Futures Rise; Swiss National Bank Cuts Rates
U.S. futures rose following record close after Fed outlook. European and Asia markets also climbed ahead of Bank of England policy decision.
Eurozone Activity Nears Recovery Despite Ailing Industry
The eurozone is edging closer to a rebound in private-sector activity despite continued weakness in the bloc's manufacturing, according to the latest purchasing managers' survey.
The Fed's Conundrum: Interest Rates Are Both Too High-and Too Low
Short-term rates are sharply higher. Long-term rates are steadier. What's a central bank to do?
Big Corporate Mergers Get Fresh Tax Scrutiny in Washington
Two senators-a Democrat and a Republican-want to end tax-free corporate mergers like the pending Capital One-Discover all-stock combination, a move that would reshape dealmaking.
Taiwan Central Bank Hikes Rates in Surprise Move
Taiwan's central bank surprised markets by raising its key interest rates, defying expectations that it would stand pat.
America Is Sliding Toward Chinese-Style Capitalism
In the name of national security, politics take priority over profits.
China's Central Bank Hints at More Monetary Easing
The People's Bank of China hinted at more monetary easing ahead, as Beijing doubles down on efforts to juice up its economy and manufacturing sector.
Japan Export Growth Surprises in February
Japan's exports rose by more than expected in February, led by growth in shipments of autos and auto parts, data from the Ministry of Finance showed.
(END) Dow Jones Newswires
03-21-24 0915ET
