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What Retail Sales and Other Data Say About China’s Economy
Posted inBanking and Financial Institutions China chinese economy Consumer Behavior Economic Conditions and Trends Factories and Manufacturing Gross National Product (GNP) Infrastructure (Public Works) National Bureau of Statistics (China) People's Bank of China Real Estate (Commercial)

What Retail Sales and Other Data Say About China’s Economy

Consumers are spending a little more, but apartment prices and the pace of construction keep falling.
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Posted by By Keith Bradsher
European Central Bank Raises Rates for a 10th Time
Posted inBanking and Financial Institutions Economic Conditions and Trends Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

European Central Bank Raises Rates for a 10th Time

In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak.
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Posted by By Eshe Nelson
People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending
Posted inBanking and Financial Institutions China chinese economy Economic Conditions and Trends People's Bank of China Regulation and Deregulation of Industry

People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing.
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Posted by By Keith Bradsher
Meet the Man Making Big Banks Tremble
Posted inBanking and Financial Institutions Barr, Michael Bowman, Michelle Cecere, Andrew Content Type: Personal Profile Federal Reserve System Regulation and Deregulation of Industry

Meet the Man Making Big Banks Tremble

Michael Barr, whom President Biden appointed as the Federal Reserve’s top bank cop, has drawn blowback for his bank regulation push.
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Posted by By Jeanna Smialek and Emily Flitter

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