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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…

Fed watchdog objects to Senate bill overhauling leadership selection

Fed watchdog objects to Senate bill overhauling leadership selection

© Reuters. FILE PHOTO: The U.S. Federal Reserve building is pictured in Washington, March 18, 2008. REUTERS/Jason Reed/File Photo By Michael S. Derby (Reuters) – The Federal Reserve’s in-house watchdog agency is pushing back against proposed legislation in the U.S. Senate that would overhaul how the government department is led. Mark Bialek, who heads the…

White House’s Sullivan: US not looking to decouple from China economy

White House’s Sullivan: US not looking to decouple from China economy

© Reuters. FILE PHOTO: U.S. national security adviser Jake Sullivan speaks during a press briefing at the White House in Washington, U.S., April 24, 2023. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – White House national security adviser Jake Sullivan said on Thursday the United States is not looking to decouple its economy from the Chinese economy, saying,…

Argentina seeks to tame inflation, peso with biggest rate hike since 2019

Argentina seeks to tame inflation, peso with biggest rate hike since 2019

© Reuters. FILE PHOTO: A one thousand Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank hiked its benchmark interest rate a huge 10 percentage points to 91% on Thursday as it…