Eurozone Activity Nears Recovery Despite Ailing Industry

The eurozone is edging closer to a rebound in private-sector activity despite continued weakness in the bloc's manufacturing, according to the latest purchasing managers' survey. 


 
Bank of England Likely to Follow Fed Pausing Interest Rates. When to Cut.

Like the Federal Reserve, the BOE has seen inflation slow markedly. But unlike in the U.S., the U.K. economy has fallen into recession. 


 
The Fed's Conundrum: Interest Rates Are Both Too High-and Too Low

Short-term rates are sharply higher. Long-term rates are steadier. What's a central bank to do?

 
Switzerland Surprises With 0.25% Rate Cut

The Swiss National Bank unexpectedly cut its key interest rate, becoming the first central bank from a rich, advanced economy to make such a move since inflation rates began to ease from a postpandemic surge. 


 
Taiwan Central Bank Hikes Rates in Surprise Move

Taiwan's central bank surprised markets by raising its key interest rates, defying expectations that it would stand pat. 


 
America Is Sliding Toward Chinese-Style Capitalism

In the name of national security, politics take priority over profits. 


 
China's Central Bank Hints at More Monetary Easing

The People's Bank of China hinted at more monetary easing ahead, as Beijing doubles down on efforts to juice up its economy and manufacturing sector. 


 
Japan Export Growth Surprises in February

Japan's exports rose by more than expected in February, led by growth in shipments of autos and auto parts, data from the Ministry of Finance showed. 


 
Australia's Job Market Bounces Back in February

Australia's unemployment rate fell sharply in February, easing fears that the job market had started to weaken precipitously over recent months. 


 
Glynn's Take: RBA's Stubborn Refusal to Provide Rates Guidance Pays off

The Reserve Bank of Australia's policy of offering up little that resembles meaningful guidance on the interest-rate outlook appears to be paying it huge dividends now after stellar jobs data.


(END) Dow Jones Newswires

03-21-24 0715ET