© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in Washington, U.S., March 3, 2022. Tom Williams/Pool via REUTERS WASHINGTON (Reuters) -The U.S. Senate on Thursday is set to decide whether to give Jerome Powell a second term as head of the Federal Reserve, a vote that will likely…
© Reuters. FILE PHOTO: Debashis Dhara, a vegetable vendor, speaks on his mobile phone at a retail market area in Kolkata, India, March 22, 2022. REUTERS/Rupak De Chowdhuri By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) – Rising food and energy prices pushed India’s annual retail inflation up towards an eight-year high in April,…
© Reuters. A person pushes purchases in a shopping cart in a supermarket in Brooklyn, New York City, U.S., March 29, 2022. REUTERS/Andrew Kelly By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir (Reuters) -The financial strength built up in U.S. households limited the damage from the coronavirus pandemic but may now be aggravating – and prolonging…
© Reuters. People carrying shopping bags walk inside the King of Prussia shopping mall, as shoppers show up early for the Black Friday sales, in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer price growth slowed sharply in April as gasoline eased off record highs,…
© Reuters. FILE PHOTO: Russian 100-rouble banknotes are placed on a cashier’s desk at a supermarket in the Siberian town of Tara in the Omsk region, Russia, December 14, 2021. Picture taken December 14, 2021. REUTERS/Alexey Malgavko/File Photo (Reuters) – Russia’s weekly inflation rate eased further in early May, data from statistics service Rosstat showed…
© Reuters. FILE PHOTO: European Central Bank policymaker Francois Villeroy de Galhau, who is also governor of the French central bank, attends the Paris Europlace International Financial Forum in Tokyo, Japan, November 19, 2018. REUTERS/Toru Hanai PARIS (Reuters) – Higher interest rates make it all the more important for post-pandemic government debt levels to be…
© Reuters. FILE PHOTO: A tyre is pictured in a tyre specialist center in Turin, March 18, 2014. REUTERS/Giorgio Perottino By Giulio Piovaccari MILAN (Reuters) -Pirelli said on Tuesday it had sought alternative suppliers, increased stocks and shifted production since March to mitigate the impact of Russia’s invasion of Ukraine. Russia, where the Italian tyremaker…
© Reuters. FILE PHOTO: A customer buys vegetables at a stall inside a morning market in Beijing, China January 14, 2022. REUTERS/Tingshu Wang NEW YORK (Reuters) – Economic growth in emerging markets is set to slow “sharply” this quarter weighed by China, Russia and the spread of tighter monetary conditions, JPMorgan (NYSE:JPM) analysts said on…
3/3 © Reuters. FILE PHOTO: Fruits are pictured at a produce shop at Reading Terminal Market after the inflation rate hit a 40-year high in January, in Philadelphia, Pennsylvania, U.S. February 19, 2022. REUTERS/Hannah Beier 2/3 (Reuters) – High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the…
2/2 © Reuters. FILE PHOTO: Customers pay cash to buy up stocks of wine, food and kitchen supplies as the French restaurant Montmartre closes after 20 years of operation on Capitol Hill due to financial pressures caused by the coronavirus disease (COVID-19) outbreak in W 2/2 By Howard Schneider (Reuters) -Atlanta Federal Reserve President Raphael…
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