Global Banking Monitor

Sunday, December 3, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

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Examining the Link: How Would a European Recession Affect the US?

Slow consumer spending and sticky inflation have led to two consecutive quarters of economic contraction in the European Union. That means that the eurozone...

Fed’s Goolsbee Sounds Alarm: US Default Would Have ‘Extremely Negative’ Impact on Economy

Federal Reserve Bank of Chicago President Austan Goolsbee expressed optimism that there’s bipartisan support for a tentative deal to raise the US debt ceiling,...

Debt default would have devastating impact on U.S. economy, warns new analysis

The U.S. economy could quickly shed a million jobs and fall into recession if lawmakers fail to raise the nation’s borrowing limit before the federal government exhausts...

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