© Reuters. FILE PHOTO: U.S. President Joe Biden responds to a question from a reporter after speaking about coronavirus disease (COVID-19) vaccines and booster shots in the State Dining Room at the White House in Washington, U.S., September 24, 2021. REUTERS/Evelyn By Nandita Bose, David Shepardson, Ahmed Aboulenein and Tom Hals WASHINGTON (Reuters) -President Joe…
© Reuters. U.S. Senate Democratic Leader Chuck Schumer (D-NY) is flanked by U.S. Senators’ Patrick Leahy (D-VT) and Amy Klobuchar (D-MN) as he faces reporters following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., November 2, 202 By David Morgan and Susan Cornwell WASHINGTON (Reuters) -A leading moderate Democrat raised…
© Reuters. FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski FRANKFURT (Reuters) -The European Central Bank is aware of people’s fears about high inflation but is very unlikely to…
© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, D.C., U.S., August 22, 2018. REUTERS/Chris Wattie By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve threw its weight back behind the drive for a full U.S. jobs recovery on Wednesday, restating its belief that current high inflation is “expected…
© Reuters. FILE PHOTO: A tourist shows his “Green Pass”, a document showing proof of coronavirus disease (COVID-19) immunity, as he enters the Colosseum, in Rome, Italy, September 16, 2021. REUTERS/Yara Nardi By Sanjana Shivdas (Reuters) -Booking Holdings Inc topped market expectations for quarterly profit and revenue on Wednesday, but said a COVID-19 resurgence in…
© Reuters. A general view of the city skyline of Jakarta, the capital city of Indonesia, August 5, 2021. REUTERS/Ajeng Dinar Ulfiana By Vivek Mishra BENGALURU (Reuters) – Indonesia’s economic growth is expected to have slowed significantly in the third quarter as restrictions imposed to prevent the spread of the coronavirus Delta variant put the…
SYDNEY (Reuters) – Reserve Bank of Australia Governor Philip Lowe said the central bank decided to discontinue its yield target on Tuesday because its effectiveness had declined as the economy improved and interest rate expectations changed. “Given our forecasts, it is still entirely plausible that the first increase in the cash rate will not be…
2/2 © Reuters. FILE PHOTO: Climate change activists voice their opposition to U.S. President Joe Biden reappointing Jerome Powell to serve a second four-year term as the chairman of the Federal Reserve and demand Biden appoint a climate advocate, during a rally outside 2/2 By Ann Saphir and Lindsay (NYSE:LNN) Dunsmuir (Reuters) – The U.S.…
2/2 © Reuters. FILE PHOTO: Women look at their moblie phones in the Hongdae area of Seoul, South Korea, June 29, 2016. REUTERS/Kim Hong-Ji 2/2 By Joori Roh SEOUL (Reuters) -South Korea’s consumer inflation accelerated to a near 10-year peak in October, forcing the central bank to revise up its 2021 price projections and reinforcing…
© 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…
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