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Exclusive: White House’s Boushey

Exclusive: White House’s Boushey

© Reuters. FILE PHOTO: Heather Boushey, appointed to be a member of the Council of Economic Advisers, speaks as U.S. President-elect Joe Biden announces nominees and appointees to serve on his economic policy team at his transition headquarters in Wilmington, Delawa By Andrea Shalal WASHINGTON (Reuters) -A top White House economist on Tuesday said Federal…

Biden urges Republicans take debt default off table, warns interest rates would jump

Biden urges Republicans take debt default off table, warns interest rates would jump

© Reuters. FILE PHOTO: U.S. President Joe Biden arrives to attend Catholic Mass at Holy Trinity Catholic Church in Washington, U.S., April 30, 2023. REUTERS/Elizabeth Frantz By Jeff Mason and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Monday urged House of Representatives Speaker Kevin McCarthy to take the potential for an unprecedented U.S.…

Colombia’s central bank raises benchmark rate to 13.25% in split vote

Colombia’s central bank raises benchmark rate to 13.25% in split vote

© Reuters. FILE PHOTO: General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez By Nelson Bocanegra BOGOTA (Reuters) -Colombia’s central bank board raised the benchmark interest rate by 25 basis points to 13.25% on Friday, continuing a long tightening cycle amid persistent inflation and significant stability risks to the global…