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U.S. Senate approves boosting debt limit to $31.4 trillion, sends to House

U.S. Senate approves boosting debt limit to $31.4 trillion, sends to House

© Reuters. The U.S. Capitol building is seen in Washington, U.S., December 6, 2021. REUTERS/Elizabeth Frantz/Files By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) -The U.S. Senate on Tuesday approved raising the federal government’s debt limit by $2.5 trillion, to about $31.4 trillion, and sent it to the House of Representatives to pass and avert…

BOJ’s Kuroda says inflation may approach 2% through ‘various channels’

BOJ’s Kuroda says inflation may approach 2% through ‘various channels’

© 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 By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said on Wednesday the country’s consumer inflation may approach his 2% target as…

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

© Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS By Huw Jones LONDON (Reuters) -Bank of England Governor Andrew Bailey warned banks and other regulated financial firms on Monday that they should be “especially cautious” about holding volatile cryptoassets until regulators put new rules…

Biden and Manchin will keep talking on $1.75 trillion spending bill -Manchin spokesperson

Biden and Manchin will keep talking on $1.75 trillion spending bill -Manchin spokesperson

2/2 © Reuters. U.S. President Joe Biden delivers closing remarks with leaders from democratic nations at the State Department’s virtual Summit for Democracy, in a speech from the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washing 2/2 By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – Democratic Senator Joe Manchin…

G7 is concerned about China’s ‘coercive’ economic policies

G7 is concerned about China’s ‘coercive’ economic policies

© Reuters. British Foreign Secretary Liz Truss attends the G7 summit of foreign and development ministers at the Museum of Liverpool, in Liverpool, Britain, December 12, 2021. REUTERS/Phil Noble/Pool LIVERPOOL, England (Reuters) – The Group of Seven major industrialized countries are concerned about the “coercive” economic policies of China, British Foreign Secretary Liz Truss said…

Canada Finance Minister, Bank of Canada set to unveil monetary policy framework

Canada Finance Minister, Bank of Canada set to unveil monetary policy framework

© Reuters. FILE PHOTO: Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo OTTAWA (Reuters) – The Bank of Canada and the finance ministry are scheduled hold a news conference on Monday, officials said on Friday, a clear sign they will announce the renewal of their five-year monetary policy framework.…

G7 finance ministers to discuss inflation at virtual meeting on Monday

G7 finance ministers to discuss inflation at virtual meeting on Monday

© Reuters. FILE PHOTO: Shoppers wear mask and fill Cologne’s main shopping street Hohe Strasse (High Street) in Cologne, Germany, 12, December, 2020. REUTERS/Wolfgang Rattay/File Photo WASHINGTON (Reuters) -Finance ministers from the Group of Seven rich nations will meet virtually on Monday to discuss the recent spike in inflation, among other matters, a source familiar…