An opinion piece on the island nation's sovereign default by Bellwether published in Sri Lanka’s Economy Next news website is among the finalists for the prestigious Society of Publishers in Asia ...

Sri Lanka’s is seeing a growing demand for coffee amid a revival in tourism and efforts are underway to lift skills and ...

Evotec Biologics, the biologics arm of Evotec SE, has introduced its proprietary J.CHO™ High Expression System for antibody expression. J.CHO™ optimizes biotherapeutic production processes by ...

For months, Federal Reserve Chair Jay Powell offered assurances about rate cuts in 2024, arguing that hotter-than-expected inflation reports were all part of the "bumpy" road to the Fed’s goal.

On Wednesday, Fed Chair Jerome Powell firmly shut the door on rate cuts, citing lack of confidence in progress on inflation. This stance pushed two-year Treasury yields to 5%, their highest level ...

The Fed has implemented backdoor quantitative easing through bank bailouts and subsidies in the overnight repo market, distorting the stock market. Promised rate cuts by the Fed may not ...

CHICAGO — The Federal Reserve must rethink its plan to cut interest rates several times this year after inflation unexpectedly turned higher in the January-March period, the president of the ...

For the better part of the past decade, the Federal Reserve Board in Washington has played a more active role in presidential ...

On Thursday New York Fed President John Williams became the latest U.S. rate-setter to embrace the "no rush" on rate cuts view articulated in February by Fed Governor Christopher Waller and since ...

All this comes after the Fed’s Chairman, Jerome Powell, said that there’s been a “lack of further progress” on the Fed’s fight against inflation and that it’s going to take even longer ...

You don't need confidence Chairman Powell, just some bold leadership. Here's a suggestion: lower the damn Federal Funds rate. Like, today. The Fed has two roles: maximize jobs and minimize the ...

Inflation will likely fall further, but the central bank is in no rush to cut interest rates at the moment, Cleveland Fed President Loretta Mester said in public remarks on Wednesday. Her comments ...