Bloomberg · 经济

The looming retirement of the Federal Reserve’s longest-serving policymaker has set off a debate within the US central bank over the rules governing term limits for regional Fed leaders, according to people familiar with the discussions.

Germany’s economy will expand this year at more than twice the pace envisaged in the spring thanks to vast government spending and surprisingly robust exports, according to the country’s independent economic advisers.

Analysts are cutting their forecasts for S&P 500 profits next year even as a blowout third-quarter earnings season winds down, with concerns over artificial intelligence spending and the fallout from the US midterm elections clouding the outlook.

The biggest question in the economics profession is a test-case for its own workers.

Bessent hailed bilateral relations and Trump’s close engagement with Xi

Chile Finance Minister Jorge Quiroz conceded for the first time that the economy is in a recession, while stressing activity will rebound quickly.

The Bank of Canada is set to begin the search for its next governor, but this time there’s a twist.

Germany’s economy is rebounding faster than expected a few months ago, but the government must press ahead with structural reforms to secure long-term growth, Bundesbank President Joachim Nagel said.

Developing economies face an employment gap of 800 million jobs over the next 15 years as a generation of young people reach working age and the nations have limited resources to tackle the challenge, according to the World Bank Group.

China is sounding out market participants on a possible tax on interest income from government bonds, according to people familiar with the matter, a move that could potentially offer a lift to yields that have been hovering near record lows.

South Korea’s unemployment rate declined to the lowest level in more than three years in October, even as hiring weakened from the previous month and young workers struggled to find jobs, highlighting an uneven recovery in Asia’s fourth-largest economy.

President Luiz Inácio Lula da Silva’s economic team is preparing to send proposals to Congress by next week aimed at showing investors how his government intends to meet fiscal targets in the coming years, according to people familiar with the matter.

Ternium SA’s Mexican steel sales are rising as the country’s import tariffs push customers toward locally produced metal, but weak enforcement of the levies is limiting further gains, Chief Executive Officer Máximo Vedoya said.

Federal Reserve Bank of Chicago President Austan Goolsbee said officials have to address elevated inflation, calling the October report on consumer prices disturbing.

Australian home loans posted a record drop in the third quarter, underscoring the erosion of borrowing demand in response to the Reserve Bank’s aggressive interest-rate increases to control inflation.

Policymakers from the UK, US and eurozone gathered in London laid the groundwork for further interest-rate hikes, as a leading think tank warned the Bank of England may have to raise borrowing costs to 5%.

Russia has effectively abandoned attempts to replace the dollar with China’s yuan under the pressure of US secondary sanctions, underlining the difficulties facing other nations looking for an alternative global currency.

Federal Reserve Bank of Philadelphia President Anna Paulson said she favors a gradual pace for interest-rate increases, adding that wage pressures have been limited and inflation expectations remain consistent with the central bank’s 2% target.

Federal Reserve Governor Michelle Bowman said she sees a number of risks to economic activity from financial markets, including a sharp downturn in stock prices if returns on investments in artificial intelligence fall short of expectations.

Brazil’s central bank signaled it would remain cautious as inflation pressures mount, saying high interest rates are increasingly weighing on economic activity even as supply shocks help push prices higher.

Federal Reserve officials opened the door to more aggressive interest-rate increases over the coming months, after faster-than-expected inflation in October injected a new sense of urgency into the central bank’s bid to tame prices.