2/2 © Reuters. FILE PHOTO: Plastic letters arranged to read “Sanctions” are placed in front the flag colors of U.S. and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration 2/2 WASHINGTON/LONDON (Reuters) -The U.S. Treasury Department has advised U.S. money managers that Washington’s sanctions on Moscow bar any secondary market purchases of debt…
2/2 © Reuters. FILE PHOTO: The Maersk Line container ship Maersk Batam sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey August 10, 2018. REUTERS/Murad Sezer 2/2 By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022,…
© Reuters. US Inflation Nearer 1980 Peak Than Thought, Summers Group Says (Bloomberg) — US inflation is running even closer today to its 1980 peak, fresh analysis of historical price data shows, suggesting that the Federal Reserve’s task of bringing price gains back to its target is tougher than previously thought. A group of economists…
© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo By Kanishka Singh WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some…
© Reuters. Australia Inflation Accelerated Further From 5.1%, Chalmers Says (Bloomberg) — Australian consumer prices have accelerated from the 5.1% recorded in the first three months, Treasurer Jim Chalmers said, intensifying pressure on households and suggesting further interest-rate increases ahead. “It’s now really clear that the inflation challenge that Australians are facing is worse,” Chalmers…
© Reuters Treasury Yields Staring Down 3% Threshold Await CPI for Next Cue (Bloomberg) — The fate of the world’s biggest bond market is hanging largely on a single question: Has inflation in the US already peaked? Treasury yields have swung back at forth since last month as traders try to game out whether the…
© Reuters. By Daniel Shvartsman Investing.com — Stock markets ended the first week of June on a down note, as a strong U.S. jobs report made clear the Federal Reserve and other central banks can continue their monetary tightening policy, at the expense of risk assets. This week brings CPI reports in the U.S., as…
© Reuters. Charting the Global Economy: Inflation Hits a Record in Europe (Bloomberg) — Record inflation in the euro zone is seen fueling the European Central Bank’s tightening debate at this coming week’s policy meeting, where officials are expected to end asset purchases and lay the ground for an interest-rate liftoff next month. In the…
© Reuters. FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts By Lewis Krauskopf NEW YORK (Reuters) – A rally that lifted U.S. stocks from the…
2/2 © Reuters. Passersby wearing protective face masks are seen in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan November 1, 2021. REUTERS/Issei Kato 2/2 By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell as U.S. Treasury yields reached two-week highs on Friday…
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