economic outlook

Dollar Reacts to Political Impasse and Tightening Credit Conditions

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[ad_1] The dollar edged up against most major peers on Tuesday as traders, seeing no immediate breakthroughs on the U.S. debt-ceiling talks, look to new inflation data for a clearer picture of the economic outlook and the Federal Reserve’s likely rate-hiking path. The dollar index, which measures the currency against six rivals, pared gains that … Read more

Federal Reserve Survey Reveals Tightening Lending Standards by US Banks

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[ad_1] Last Updated: May 09, 2023, 02:07 IST The report comes as the financial sector contends with deposit outflow worries on the back of turmoil after the high-profile collapse of Silicon Valley Bank and Signature Bank in March. (Image: Reuters) In recent weeks, shares of midsized banks suffered brutal trading days while investors remained on … Read more