BofA Sees Yen Plunging to 160 Per Dollar If Fed Delays Cuts

FX strategy head sees BOJ intervention with dollar-yen at 152 That is unlikely to support the yen without Fed rate cuts The yen could slide to hit 160 per dollar unless the Federal Reserve cuts interest rates this year, according to Bank of America Corp. Any...

Citadel’s Ken Griffin Sees ‘Modest’ Growth, Warns on US Debt

Griffin shared hedge fund’s outlook in letter to investors He said the firm predicts a ‘challenging’ economic landscape Citadel founder Ken Griffin told investors he expects modest economic growth in upcoming quarters and cited US national debt as a “growing concern...

Pakistan Inflation Eases to Two-Year Low After Demand Slump

Central bank expected to start easing cycle after pace slows Prices ease after everyday food items double in three years Pakistan’s inflation pace eased in March for a third month in a row to the lowest in almost two years as record borrowing costs weakened economic...