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IMF names former Bundesbank chief to lead review panel on institutional safeguards

IMF names former Bundesbank chief to lead review panel on institutional safeguards

© Reuters. FILE PHOTO: German Bundesbank President Jens Weidmann attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski/File Photo By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Friday it has appointed Germany’s former Bundesbank president Jens Weidmann to lead…

Fed Chair Powell to become ‘pro tempore’ as he awaits Senate action

Fed Chair Powell to become ‘pro tempore’ as he awaits Senate action

© Reuters. FILE PHOTO: U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. Brendan Smialowski/Pool via REUTERS (Reuters) – Jerome Powell will become interim Federal Reserve chair on Saturday, ensuring continuity in leadership at…

Exclusive-Biden to sign executive order boosting rights of 200,000 construction workers

Exclusive-Biden to sign executive order boosting rights of 200,000 construction workers

© Reuters. U.S. President Joe Biden speaks about a U.S. Special Forces operation in Northern Syria against ISIS leader Abu Ibrahim al-Hashemi al-Quraishi, from the Roosevelt Room of the White House in Washington, U.S., February 3, 2022. REUTERS/Sarah Silbiger By Nandita Bose WASHINGTON (Reuters) – U.S. President Joe Biden will sign an executive order on…

‘Too early to say’ if world faces sustained inflation -IMF chief Georgieva

‘Too early to say’ if world faces sustained inflation -IMF chief Georgieva

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks at a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020. REUTERS/Denis Balibouse//File Photo By Andrea Shalal WASHINGTON (Reuters) – The head of the International Monetary Fund said on Thursday it was “too early” to say if the world…

“Anyone but Draghi”

“Anyone but Draghi”

2/2 © Reuters. FILE PHOTO: Italian Prime Minister Mario Draghi gestures as he holds his end-of-year news conference in Rome, Italy, December 22, 2021. REUTERS/Remo Casilli 2/2 By Gavin Jones, Angelo Amante and Giuseppe Fonte ROME (Reuters) – Last weekend, for the first time in his gilded career, Mario Draghi missed out on a promotion.…

Indonesia Jan inflation highest in nearly 2 years, within central bank target

Indonesia Jan inflation highest in nearly 2 years, within central bank target

© Reuters. FILE PHOTO: People walk in the courtyard of Indonesia’s central bank, Bank Indonesia, in Jakarta, Indonesia September 22, 2016.REUTERS/Iqro Rinaldi JAKARTA (Reuters) – Indonesia’s annual inflation rate rose to 2.18% in January, climbing to be within the central bank’s 2% to 4% target range for the first time in nearly two years, data…