by Bloomberg.com | Apr 2, 2024 | alerts, Markets/Economy
Country seeks to bolster prices as farmers prepare to plant Corn prices in China near lowest in more than three years Chinese customs have asked some traders to limit deliveries of foreign corn into bonded areas in a move aimed at easing domestic oversupply and...
by Bloomberg.com | Apr 2, 2024 | alerts, Markets/Economy
Bloomberg Economics ran a million forecast simulations on the US debt outlook. 88% of them show borrowing on an unsustainable path. The Congressional Budget Office warned in its latest projections that US federal government debt is on a path from 97% of GDP last year...
by Bloomberg.com | Apr 2, 2024 | alerts, Markets/Economy
FX strategy head sees BOJ intervention with dollar-yen at 152 That is unlikely to support the yen without Fed rate cuts The yen could slide to hit 160 per dollar unless the Federal Reserve cuts interest rates this year, according to Bank of America Corp. Any...
by Bloomberg.com | Apr 1, 2024 | alerts, Markets/Economy
Griffin shared hedge fund’s outlook in letter to investors He said the firm predicts a ‘challenging’ economic landscape Citadel founder Ken Griffin told investors he expects modest economic growth in upcoming quarters and cited US national debt as a “growing concern...
by Bloomberg.com | Apr 1, 2024 | alerts, Markets/Economy
Central bank expected to start easing cycle after pace slows Prices ease after everyday food items double in three years Pakistan’s inflation pace eased in March for a third month in a row to the lowest in almost two years as record borrowing costs weakened economic...
