ISTANBUL (Reuters) – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would continue working to lower it, adding that the lira’s recent decline was within “acceptable” levels. Inflation hit 54% in February and economists expect it to continue rising towards 70%…
© Reuters. European Central Bank policymaker and Austrian National Bank (OeNB) Governor Robert Holzmann attends a news conference in Vienna, Austria December 2, 2019. REUTERS/Leonhard Foeger ZURICH (Reuters) – European Central Bank (ECB) policymaker Robert Holzmann told an Austrian newspaper that the bank could send a clear message about fighting inflation by raising interest rates…
© Reuters. A sign is seen outside the 11 Wall St. entrance of the New York Stock Exchange (NYSE) in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid By Lewis Krauskopf NEW YORK (Reuters) – Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine…
2/2 © Reuters. FILE PHOTO: Russian Rouble banknote is placed on U.S. Dollar banknotes in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo 2/2 (Reuters) -The Russian rouble fell in light trading in Moscow on Friday, with trading on separate exchanges stabilising beyond 100 to the dollar, after the central bank opted to hold…
© Reuters. Police officers stand in front of the National Congress as the senate debates the government’s agreement with the International Monetary Fund (IMF), in Buenos Aires, Argentina March 17, 2022. REUTERS/Agustin Marcarian By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Senate voted late on Thursday to approve a $45 billion debt deal with the…
© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from…
© Reuters. Customers use ATMs at a Citibank branch in the Jackson Heights neighborhood of the Queens borough of New York City, U.S. October 11, 2020. REUTERS/Nick Zieminski (Reuters) -Big U.S. banks said on Wednesday they were raising their base lending rates by a quarter of a percentage point each, hours after the U.S. Federal…
2/2 © Reuters. FILE PHOTO: An eagle tops the Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst 2/2 By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised interest rates for the first time since 2018 and laid out an aggressive plan to push borrowing costs to restrictive…
2/2 © Reuters. A man removes debris outside a residential building damaged by shelling during Ukraine-Russia conflict in the separatist-controlled town of Makeyevka (Makiivka) outside Donetsk, Ukraine March 16, 2022. REUTERS/Alexander Ermochenko 2/2 By Andrea Shalal WASHINGTON (Reuters) – Russia’s invasion of Ukraine will affect the entire global economy by slowing growth and jacking up…
© Reuters. FILE PHOTO: Sheets of former U.S. President Abraham Lincoln on the five-dollar bill currency are seen through a magnifying glass at the Bureau of Engraving and Printing in Washington March 26, 2015. REUTERS/Gary Cameron LONDON (Reuters) – U.S five and 10-year Treasury yields rose to their highest levels in almost three years on…
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