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Bank of England’s Mann doubles down on backing for rate hikes

Bank of England’s Mann doubles down on backing for rate hikes

© Reuters. Economist and member of the Bank Of England’s Monetary Policy Committee Catherine Mann poses for a photograph ahead of a speech at Manchester Business School in Manchester, Britain, January 12, 2023. REUTERS/Phil Noble/Files By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interest rates…

Brazil’s finance ministry to back minimum wage increase starting in May -sources

Brazil’s finance ministry to back minimum wage increase starting in May -sources

© Reuters. FILE PHOTO: Brazil’s Economy Minister Fernando Haddad greets President Luiz Inacio Lula da Silva during a meeting to sign the government’s economic package at the Planalto Palace in Brasilia, Brazil January 12, 2023. REUTERS/Adriano Machado By Bernardo Caram BRASILIA (Reuters) – Brazil’s finance ministry sees room for leftist President Luiz Inacio Lula da Silva to raise the…

McCarthy: We can find ‘common ground’ with Biden over U.S. debt ceiling

McCarthy: We can find ‘common ground’ with Biden over U.S. debt ceiling

2/2 © Reuters. U.S. House Speaker Kevin McCarthy meets with Jordan’s King Abdullah II at the U.S. Capitol building in Washington, U.S., January 31, 2023. REUTERS/Leah Millis 2/2 By Trevor Hunnicutt and Jeff Mason WASHINGTON (Reuters) -President Joe Biden and Republican House Speaker Kevin McCarthy held initial talks on Wednesday about raising U.S. government borrowing…