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Indonesian President: I believe Indonesia's GDP growth rate may reach 6% by the end of the year.

2026-08-14

Indonesian President: I believe Indonesia's GDP growth rate may reach 6% by the end of the year.

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2026-08-14

SMIC Co-CEO Zhao Haijun: Demand for AI-powered chips has increased by 40%.

SMIC Co-CEO Zhao Haijun: Demand for AI-powered chips has increased by 40%.
2026-08-14

The Federal Reserve said it will suspend Treasury purchases aimed at managing banking system reserves (RMP) for the next month, indicating reserves have reached a level the Fed considers adequate. The New York Fed said RMP buys will be paused for the

The Federal Reserve said it will suspend Treasury purchases aimed at managing banking system reserves (RMP) for the next month, indicating reserves have reached a level the Fed considers adequate. The New York Fed said RMP buys will be paused for the operation cycle ending Sept. 14, while it will continue roughly $17.0 billion of maturing-principal reinvestments. The Fed said the adjustment is an operational change only and does not reflect a shift in monetary policy stance or balance-sheet strategy. It noted that higher US government cash balances could strain market liquidity but that funding markets remain functioning. In July SOFR was below the IORB for most of the month; the Aug. 12 SOFR fix was 3.62%, 3bp under the IORB.
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