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Economy News

Economy : 2023July11Tuesday

Goldman Sachs says India will overtake the U.S. to become the world's second-largest economy by 2075 - CNBC

India to surpass US to become world's second-largest economy by 2075: Goldman Sachs - Fox Business

Move over America, China and India will have bigger economies by 2075: forecast - South China Morning Post

Opinion | The U.S. Economy Looked Like it Was in for a Recession. It Wasn’t. - The New York Times

How high is inflation right now, and will the Federal Reserve raise interest rates again? - NBC News

There’s a hidden recession red flag hidden in the latest jobs report, according to two top economists - Fortune

New Zealand Keeps Rates on Hold as Weak Economy Damps Inflation - Bloomberg

The suggested economic impact of the Taylor Swift concerts is probably overhyped - 9News.com KUSA

4 key areas where India is still playing catch-up to China - Business Insider

Biden Says The Economy’s Doing Great. Lots Of His Own Voters Don’t Believe Him. - FiveThirtyEight

Monetary : 2023July11Tuesday

With Fed policy, it's all about the lagging effect - Axios

An Update on the Economy and Monetary Policy - Federal Reserve Bank of Cleveland

Treasury yields fall as investors weigh economic, monetary policy outlook - CNBC

CNBC Daily Open: Monetary policy divergence - CNBC

RBA governor says remains to be seen if more work to be done on monetary policy - Yahoo Finance

HKMA announces ‘orderly exit’ from coronavirus-era loan repayment holiday - South China Morning Post

Lowe: The Reserve Bank Review and Monetary Policy - Forex Factory

Reserve Bank of New Zealand monetary policy decision due top of hour - on hold expected - ForexLive

West African Economic and Monetary Union ends Mali's suspension - Africanews English

'Growth is fragile' - Rediff.com

Finance : 2023July11Tuesday

I quit my $120K finance job and make more money with YouTube videos - Business Insider

Pakistan gets $2 billion in Saudi financial support, finance minister says - Reuters

Cash-strapped Pakistan receives $2 billion from Saudi Arabia: Finance minister Dar - Indiatimes.com

Saudi Arabia provides $2B deposit to Pakistan's central bank, easing financial strain - Fox News

US financial news live updates: July SNAP benefits, Social Security payments, IRS refunds... - AS USA

World Bank names CEOs to help bring private funds to climate, development finance - Reuters

US authorities are investigating former FTX exec for potential campaign finance violations: Report - Cointelegraph

U.S. prosecutors probe ex-FTX executive Salame for campaign finance violations, Wall Street Journal reports - Reuters

Former FTX Executive Linked to Campaign-Finance Probe of New York GOP Race - WSJ - The Wall Street Journal

Google app gets 'Finance Watchlist' stocks widget on Android - 9to5Google

Stock Market: 2023July11Tuesday

Stock Market Today: Dow Rises; Amazon, Zillow, and More Movers; Activision Blizzard Jumps on Microsoft Court ... - Barron's

Prime Day for the Stock Market? Disney and 14 More That Look Like Bargains. - Barron's

Inflation, Once a Stock-Market Curse, Is Now the Rally's Friend - Bloomberg

Stock market outlook: FOMO rally is sets investors up for disappointment - Markets Insider

Wall Street Says the Stock Market Is Headed Higher: 2 Artificial Intelligence (AI) Growth Stocks to Buy Now - The Motley Fool

Stock Market News, July 11, 2023: Dow Leads U.S. Indexes Higher Ahead of CPI Report - The Wall Street Journal

Big Tech’s Dominance in Stock Market Hits Breakpoint for Nasdaq 100 - Yahoo Finance

Bonds Are Getting Scary Again. Why the Stock Market Has Barely Budged. - Barron's

As the Stock Market Rises, Heed This Warning From Warren Buffett - The Motley Fool

Jim Cramer's top 10 things to watch in the stock market Tuesday - CNBC

Currency: 2023July11Tuesday

Twenty-four central banks will have digital currencies by 2030, survey shows - Reuters

BRICS countries planning new Gold-Backed currency - FXStreet

African exchange rate: Sliding currencies stoke inflation - DW (English)

Rapid Descent in Ringgit Puts Malaysia's Currency Stance to Test - Bloomberg

India central bank eyes one million digital currency transactions daily by year-end, deputy governor says - Reuters

With Return Of Zimbabwe Inflation Bitcoin Adoption Will Stick - Bitcoin Magazine

Central bank digital currency and heterogeneous beliefs about bank stability: The role of public money as a store of value - CEPR

Dedollarization at risk in Argentina as USD zooms 5,000% vs. peso - Markets Insider

Arthur Hayes: Bitcoin Will Be AI’s Native Currency - Yahoo Finance

S&P Global's top economist sees dollar dominance diminishing - Reuters

Interest Rate: 2023July11Tuesday

Rising Interest Rates Might Herald the End of the Open Internet - WIRED

Fed closing in on end of rate hiking cycle, central bank officials say - Reuters

Boston Fed President Susan Collins hints at interest rates in exclusive interview - WCVB Boston

Fed Pauses But Strongly Suggests More Rate Hikes To Come - Forbes

New Zealand Maintains Benchmark Interest Rate at 5.50% - Bloomberg

Economics class: Why are interest rate rises not taming inflation? - Financial Times

RBNZ interest rate decision preview: Kiwi ready for a pause - FXStreet

When Will Interest Rates Really Start to Matter? - A Wealth of Common Sense

Why isn’t the housing market behaving the way it’s supposed to? - CNN

Record UK pay growth adds to pressure for interest rate rise - The Guardian