US economy still needs ‘multiple’ rate hikes, says top Fed official | CNN Business

New York CNN  —  A senior official at the Federal Reserve is pushing back against growing…

Why China has few good options to boost its faltering economy | CNN Business

Hong Kong CNN  —  Every few days for the past several weeks, a parade of Chinese…

US paychecks aren’t growing as quickly. That’s good for the Fed — but not for workers | CNN Business

Washington, DC CNN  —  US wage gains cooled in the second quarter, showing some easing of…

Wall Street suddenly appears confident America will avoid a recession | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

From inflation to mortgages: What last week’s data says about the economy | CNN Business

New York CNN  —  Last week would have been an ideal week to go on vacation…

IMF approves $3 billion bailout for cash-starved Pakistan | CNN Business

Islamabad Reuters  —  The International Monetary Fund’s board approved a $3 billion bailout program for Pakistan…

Could the June CPI report change the Fed’s rate trajectory? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…

Banks are leaving savers shortchanged as interest rates soar | CNN Business

London CNN  —  When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments,…

The world’s fight against inflation is about to get more serious — and painful | CNN Business

New York CNN  —  Central bankers across the globe are delivering a message: Slow and steady…

Are investors ignoring the Federal Reserve’s warning? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a…