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UK finance minister Hunt vows to win back financial market trust

UK finance minister Hunt vows to win back financial market trust

© Reuters. FILE PHOTO: New Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, October 14, 2022. REUTERS/Henry Nicholls/File Photo By William James and William Schomberg LONDON (Reuters) -New finance minister Jeremy Hunt promised to win back Britain’s economic credibility by fully accounting for the government’s tax and spending plans, while…

White House economic adviser says Fed actions starting to cool U.S. economy-CNN

White House economic adviser says Fed actions starting to cool U.S. economy-CNN

© Reuters. FILE PHOTO – White House Council of Economic Advisers Chair Cecilia Rouse participates in a discussion at the annual Freedman’s Bank Forum at the Treasury Department in Washington, U.S., October 4, 2022. REUTERS/Michael A. McCoy WASHINGTON (Reuters) – White House economic adviser Cecilia Rouse said on Sunday that Federal Reserve interest rate hikes…

As UK’s Truss fights for job, new finance minister warns of tough decisions ahead

As UK’s Truss fights for job, new finance minister warns of tough decisions ahead

© Reuters. New Chancellor of the Exchequer Jeremy Hunt arrives at Downing Street in London, Britain, October 14, 2022. REUTERS/Henry Nicholls By Michael Holden and Alistair Smout LONDON (Reuters) -Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signalling further reversals from Prime Minister…

Singapore tightens policy, keeps door open for more moves on hot inflation

Singapore tightens policy, keeps door open for more moves on hot inflation

© Reuters. FILE PHOTO: A view of the Monetary Authority of Singapore’s headquarters in Singapore June 28, 2017. Picture taken June 28, 2017. REUTERS/Darren Whiteside By Xinghui Kok, Anshuman Daga and Chen Lin SINGAPORE (Reuters) -Singapore tightened monetary policy as expected for the fourth time this year to combat inflation running near a 14-year high,…

Treasury’s Yellen says global economy faces headwinds, warns of geopolitical ‘coercion’

Treasury’s Yellen says global economy faces headwinds, warns of geopolitical ‘coercion’

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen holds a news conference in the Cash Room at the U.S. Treasury Department in Washington, U.S. July 28, 2022. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday said the global economy was facing “significant headwinds” and the United States was working…

Marketmind: The final countdown

Marketmind: The final countdown

© Reuters. FILE PHOTO: A man arranges produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Thursday, Oct. 13. 08:30 Eastern, 1230 GMT. That is the moment U.S. September inflation…