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Australia’s central bank opens door to earlier rate rise, pledges patience

Australia’s central bank opens door to earlier rate rise, pledges patience

© Reuters. FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz By Wayne Cole SYDNEY (Reuters) – Australia’s central bank took a major step on Tuesday toward unwinding extraordinary pandemic stimulus policies by abandoning an ultra-low target for bond yields and opening…

Biden pick for Fed chair expected soon, Yellen says

Biden pick for Fed chair expected soon, Yellen says

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing on Capitol Hill in Washington, D.C., U.S., June 23, 2021. Greg Nash/Pool via REUTERS By Andrea Shalal DUBLIN (Reuters) – U.S. Treasury Secretary Janet Yellen said President Joe Biden should pick an “experienced and credible” person as Federal…

Biden’s pick to lead commodities regulator flags climate as priority

Biden’s pick to lead commodities regulator flags climate as priority

2/2 © Reuters. Rostin Behnam testifies before a Senate Agriculture, Nutrition, and Forestry Committee hearing on his nomination to be chairman of the Commodity Futures Trading Commission (CFTC) on Capitol Hill in Washington, U.S., October 27, 2021. REUTERS/Elizabeth Fra 2/2 By Chris Prentice and Pete Schroeder WASHINGTON (Reuters) -U.S. President Joe Biden’s pick to head…

German tabloid attacks ECB chief Lagarde as ‘Madam Inflation’

German tabloid attacks ECB chief Lagarde as ‘Madam Inflation’

© Reuters. FILE PHOTO: President of the European Central Bank (ECB) Christine Lagarde takes part in a news conference on the outcome of the Governing Council meeting, in Frankfurt, Germany, October 28, 2021. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Germany’s best-selling tabloid Bild scathingly criticised European Central Bank (ECB) President Christine Lagarde on Saturday, accusing her…