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Egypt central bank keeps interest rates steady

Egypt central bank keeps interest rates steady

© Reuters. FILE PHOTO: Egypt’s Central Bank headquarters are seen in downtown Cairo, Egypt, March 22, 2022. REUTERS/Mohamed Abd El Ghany (Reuters) -Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that for the next six months it would tolerate elevated inflation, caused mainly by the Ukrainian conflict, as the economy grows…

Inflation and recession dominate outlook, increase risk of accidents

Inflation and recession dominate outlook, increase risk of accidents

© Reuters. Figurines are seen in front of displayed stock graph and word “Inflation” in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration By Davide Barbuscia NEW YORK (Reuters) – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of ‘financial accidents’,…

Biden appoints first Native woman as U.S. Treasurer, with signature on money

Biden appoints first Native woman as U.S. Treasurer, with signature on money

© Reuters. FILE PHOTO: The U.S. Treasury building is seen in Washington, September 29, 2008. REUTERS/Jim Bourg/File Photo By David Lawder ROSEBUD, South Dakota (Reuters) – U.S. President Joe Biden on Tuesday announced his intention to appoint Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S. Treasurer, marking the first time a Native woman’s signature…

U.S. Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

U.S. Treasury’s new tribal office takes aim at tax, finance inequities -Yellen

© Reuters. U.S. Treasury Secretary Janet Yellen testifies before a Senate Finance Commmittee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, U.S., June 7, 2022. REUTERS/Evelyn Hockstein By David Lawder ROSEBUD, South Dakota (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday the department’s new Office of Tribal and Native Affairs will…