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Fed funds futures see rate hike in March after minutes of policy meeting

Fed funds futures see rate hike in March after minutes of policy meeting

© Reuters. FILE PHOTO: United States one dollar bills are curled and inspected during production at the Bureau of Engraving and Printing in Washington November 14, 2014. REUTERS/Gary Cameron/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the federal funds rate on Wednesday have priced in a roughly 80% chance of a quarter-percentage-point…

Japan PM urges business lobbies, unionists to reverse downtrend in wages

Japan PM urges business lobbies, unionists to reverse downtrend in wages

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks before the media at his official residence as an extraordinary Diet session was closed, in Tokyo, Japan December 21, 2021. Yoshikazu Tsuno/Pool via REUTERS TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Wednesday called on business lobbies and unions to work together to “boldly…

Turkey hikes energy prices; Istanbul monthly inflation highest in decade

Turkey hikes energy prices; Istanbul monthly inflation highest in decade

2/2 © Reuters. FILE PHOTO: Vehicles queue at a petrol station in Ankara, Turkey December 17, 2021. REUTERS/Cagla Gurdogan 2/2 ISTANBUL (Reuters) – Inflation soared by the most in at least a decade in Turkey’s biggest city Istanbul last month, according to data on Saturday, and President Tayyip Erdogan’s government sharply raised nationwide electricity and…