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Federal Reserve Chairman Jerome Powell: Achieving the 2% inflation target could be costly.

2026-04-30

Federal Reserve Chairman Jerome Powell: Achieving the 2% inflation target could be costly.

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2026-04-30

Federal Reserve Chairman Jerome Powell: This is not over yet.

Federal Reserve Chairman Jerome Powell: This is not over yet.
2026-04-29

China’s securities regulator has instructed domestic brokerages to defer a larger share of staff bonuses to curb outsized payouts as market recovery boosts compensation, people familiar with the matter said. The China Securities Regulatory Commission

China’s securities regulator has instructed domestic brokerages to defer a larger share of staff bonuses to curb outsized payouts as market recovery boosts compensation, people familiar with the matter said. The China Securities Regulatory Commission has raised the deferral ratio for middle and senior management and top investment bankers to 40% from 20%, they said. Some firms, including Citi Securities, have already complied. The move comes as top-performer bonuses at some brokers have risen as much as 50% year-on-year after prior declines. The CSRC said it is strengthening long-cycle performance assessment and deferred pay for key personnel.
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