Tag: Economic Indicators

BRASILIA (Reuters) -Brazil’s National Monetary Council on Friday decided to allow credit fintechs to initiate payment transactions, the central bank said, a move that will in practice clear them to provide payment services to consumers and business establishments. To operate as payment initiators, fintechs currently need to open another company specifically for this purpose. With…

© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. REUTERS/Blair Gable/File Photo By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -Inflation in Canada remains too strong, and higher interest rates will be needed to cool the overheating economy, Bank of…

© Reuters. FILE PHOTO: The headquarters of the People’s Bank of China, the central bank, in Beijing, China, February 3, 2020. REUTERS/Jason Lee BEIJING (Reuters) -China’s banks should step up credit support for the economy, including expanding medium to long-term loans to support infrastructure investment, the central bank and the banking and insurance regulator said…

© Reuters. FILE PHOTO: A man walks behind the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai, India, April 8, 2022. REUTERS/Francis Mascarenhas   BARC -0.38% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point…

© Reuters. FILE PHOTO: A general view of the city skyline of Jakarta, the capital city of Indonesia, October 30, 2021. REUTERS/Ajeng Dinar Ulfiana NUSA DUA, Indonesia (Reuters) – Indonesia’s economy is expected to grow 5.4% in 2022 on a yearly basis, its chief economic minister told a business conference ahead of the G20 summit…

© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada October 26, 2022. REUTERS/Patrick Doyle By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canada’s red-hot labor market can weather an economic slump without seeing a major surge in unemployment, Bank of Canada Governor Tiff Macklem…

© Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo WASHINGTON (Reuters) – The U.S. is likely at the “back end” of the current inflation surge though it remained unclear how long it may take the rate of price increases to decline to the…

© Reuters. FILE PHOTO: The European Central Bank (ECB) logo in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski   SCBFF +0.56% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200…

© Reuters. FILE PHOTO: People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado/File Photo   MCO +0.84% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10…

2/2 © Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem takes part in a news conference in Ottawa, Ontario, Canada October 26, 2022. REUTERS/Patrick Doyle 2/2 By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers raising interest rates at a slower pace, it is focusing on inflation measures that are more…