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Fed officials debate higher vs. just longer after January inflation jump

Fed officials debate higher vs. just longer after January inflation jump

© Reuters. U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve officials were divided Wednesday over whether recent high inflation data and a continually hot jobs market will require even more restrictive interest rates, or just patience in maintaining…

US Supreme Court conservatives question Biden student debt relief

US Supreme Court conservatives question Biden student debt relief

2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks about the student loan forgiveness program from an auditorium on the White House campus in Washington, U.S., October 17, 2022. REUTERS/Leah Millis 2/2 By John Kruzel and Andrew Chung WASHINGTON (Reuters) -Conservative U.S. Supreme Court justices on Tuesday signaled skepticism over the legality of…

Israel economy to benefit from judicial reforms, finance minister says

Israel economy to benefit from judicial reforms, finance minister says

© Reuters. FILE PHOTO: Israeli Finance Minister Bezalel Smotrich speaks at a news conference in Jerusalem, Israel, January 8, 2023. REUTERS/Ronen Zvulun By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israeli Finance Minister Bezalel Smotrich said on Tuesday he saw the country’s economy being strengthened by the government’s proposed judicial overhaul, but that he would…

Australia’s treasurer says curbing inflation remains economic ‘main game’

Australia’s treasurer says curbing inflation remains economic ‘main game’

© Reuters. FILE PHOTO: The Central Business District (CBD) skyline is pictured at sunset in Sydney, Australia, June 4, 2021. REUTERS/Loren Elliott SYDNEY (Reuters) – Australia’s Treasurer Jim Chalmers said on Sunday that stubbornly-high inflation in the country has likely peaked, but conceded it remains a big economic challenge. Inflation is running at a 32-year…