Banks’ Record Bond Short Sparks Quest for Answers

For the first time in recent history, primary dealers have gone net short on debt they used to hold billions of dollars of.

Homes Are in Short Supply in the US. How a New Law Could Change the Market

A new law adopted on July 11 marks the most significant effort in decades to boost the US housing supply.

Help Not Wanted: World Cup Hiring Boost Has Yet to Materialize

The hiring boom the FIFA World Cup was expected to bring to the US looks like it may not end up materializing after all.

Fed Task Force Picks Bring Credibility and Support for Warsh

The external advisers Federal Reserve Chairman Kevin Warsh tapped to lead the central bank’s five new task forces lend credibility to his efforts to rethink how the institution communicates and…

Vietnam’s Paramount Leader To Lam Has a Grand Vision for His Nation

The World Bank just elevated the country to “upper-middle” income status. But he’s got bigger plans.

Charting the Global Economy: Iran War Continues to Cloud Outlook

The outlook for the global economy grew more uncertain this week as tensions flared between the US and Iran.

Turkey Central Bank Sees July Inflation as Key for Rate Outlook

Turkey’s central bank wants to see more evidence of slowing inflation and clarity on the Iran conflict before resuming monetary easing, Governor Fatih Karahan has told investors.

Fed Vows to Deliver Price Stability in Monetary Policy Report

Federal Reserve policymakers again vowed to deliver price stability even as inflation remains well above the central bank’s 2% target, making the pledge in the central bank’s semiannual Monetary Policy…

Gasoline Prices Fuel Fresh Acceleration in Russian Inflation

Russia’s inflation accelerated sharply in June after Ukrainian strikes on the country’s oil refineries triggered gasoline shortages and sent fuel prices higher.

Europeans Are Changing Saving Habits to Invest More, ING Says

Europeans are showing a durable shift in savings habits toward products such as investment funds that might one day help support greater spending, ING economists said.