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Further Fed hikes expected after data dashes ‘disinflation’ hopes

Further Fed hikes expected after data dashes ‘disinflation’ hopes

© Reuters. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo   BNPQY -2.12% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1…

Zimbabwe committed to $6 billion debt arrears clearance, president says

Zimbabwe committed to $6 billion debt arrears clearance, president says

© Reuters. President of Zimbabwe Emmerson Dambudzo Mnangagwa addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 22, 2022. REUTERS/Mike Segar HARARE (Reuters) -Zimbabwe’s president said on Thursday the government was committed to a plan to clear more than $6 billion of external debt arrears…

Biden nominates former MasterCard CEO Ajay Banga to head World Bank

Biden nominates former MasterCard CEO Ajay Banga to head World Bank

© Reuters. FILE PHOTO: Mastercard President and CEO Ajay Banga speaks to attendees during the Department of Homeland Security’s Cybersecurity Summit in Manhattan, New York, U.S., July 31, 2018. REUTERS/Eduardo Munoz/File Photo   C +0.66% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY…

Eyes on Israel central bank as judicial push keeps shekel tumbling vs dollar

Eyes on Israel central bank as judicial push keeps shekel tumbling vs dollar

© Reuters. FILE PHOTO: New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021. REUTERS/Nir Elias/Illustration By Steven Scheer JERUSALEM (Reuters) – Israel’s shekel fell 1.5% versus the dollar on Wednesday amid a plan to overhaul the country’s judiciary, continuing a rapid decline that could prompt central bank intervention. The shekel…