Early forecasts suggest that property category renewals at 1.1 in most Asia-Pacific markets are likely to push risk-adjusted rates into the lower single-digit range, with expectations that most of the significant change will come from renewals in 2023. Sources he used Insurer all pointed to a more stable renewal on January 1, with only moderate …
The cautious market mood follows a flurry of quarterly earnings reports as investors consider the ECB’s next monetary policy moves on Thursday. ADVERTISEMENT European markets started the session in the red on Wednesday, while the FTSE 100 index remained unchanged in anticipation of a key decision by the European Central Bank (ECB) on interest rates. …
Atlanta Federal Reserve President Raphael Bostic said Friday that he does not anticipate cutting interest rates earlier than 2024. “We’re going to have to be cautious, we’re going to have to be patient, but we’re also going to have to be decisive,” he told CNBC. Atlanta Federal Reserve President Raphael Bostic said Friday that he …