Rate On China's New Overnight Liquidity Tool Comes Below Estimates, Hints At Imminent Easing

BOJ Keeps Rates On Hold In Rare 6-3 Vote Split As It Warns Of Looming Stagflation In the first G5 central bank announcement of the week, overnight the Bank of Japan held its benchmark interest rate in a 6-3 vote, despite forecasting a sharp rise in inflation as the war in the Middle East sends commodity prices higher and clouds the global economic outlook while testing Japan's given its exposure to rising energy prices. While the decision on Tuesday to keep rates at about 0.75% was in line with market expectations,...

During the administrations of Democrats Barack Obama and Joe Biden, how many times did we hear about how Republicans were the answer to those big-spending Democrats who were bankrupting our country with their out-of-control federal spending and debt? Almost continuously! If only American voters would put those fiscally responsible Republicans in charge of both houses […]

House Rejects Short-Term Spy Law Extension As GOP Races To Preserve FISA Surveillance Tool Before Friday Deadline Update (1100ET): A key spy law could expire after the House blocked its short-term reauthorization. The June 11 vote set back an effort to renew Section 702 of the Foreign Intelligence Surveillance Act (FISA). President Trump’s selection of Bill Pulte as acting director of national intelligence drove Democratic opposition to reauthorizing Section 702. Some Republicans have voiced concerns about how the authority, though targeted at foreigners abroad, enables the incidental warrantless surveillance of Americans. The White House could...