© Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir WASHINGTON (Reuters) – Federal Reserve officials on Wednesday said they still aren’t convinced the worst of the U.S. inflation scare has passed, in comments…
© Reuters. A “now hiring” sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder (Reuters) -U.S. firms reported economic activity was unchanged in July through late August, with further softening expected over the next year even as they saw some tentative greenshoots in the ongoing battle…
© Reuters. FILE PHOTO: Bank of Greece Governor Yannis Stournaras attends the annual meeting of the bank’s shareholders in Athens, Greece April 1, 2019. REUTERS/Costas Baltas ALPBACH, Austria (Reuters) -The European Central Bank (ECB) needs to keep raising interest rates but there is no need for a big move and the bank should instead follow…
Former President Donald Trump gloated over a poll identifying Mitch McConnell as the least popular US senator, making the questionable claim that he was to thank.In the latest attack in his feud with the Senate minority leader, Trump posted a screenshot Monday of a Morning Consult poll on his Truth Social page. It was accompanied…
© Reuters. A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files KUALA LUMPUR (Reuters) – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects of rising prices, its finance minister said…
© Reuters. Food prices are displayed at a market in Rio de Janeiro, Brazil April 8, 2022. REUTERS/Ricardo Moraes BRASILIA (Reuters) – Brazil’s central bank is aiming for inflation in 2023 “around” the 3.25% target but less than 4%, its chief, Roberto Campos Neto, said on Thursday, as policymakers hike interest rates to cool surging…
2/2 © Reuters. FILE PHOTO: U.S. Federal Reserve Board Chairman Jerome Powell faces reporters after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in inflation, during a news conference following a t 2/2 By Ann Saphir and Lindsay (NYSE:LNN) Dunsmuir (Reuters) – The Federal…
© Reuters. Figurines are seen in front of displayed stock graph and word “Inflation” in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration By Davide Barbuscia NEW YORK (Reuters) – Central banks’ focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of ‘financial accidents’,…
© Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger By Ann Saphir (Reuters) -Federal Reserve Governor Christopher Waller on Saturday became the latest U.S. central banker to pledge a whatever-it-takes approach to fighting inflation, three days after the Fed raised…
2/2 © Reuters. FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland February 22, 2022. Picture taken February 22, 2022. REUTERS/Arnd Wiegmann/ 2/2 LONDON (Reuters) – Scandal-hit lender Credit Suisse has opted to tap investors for a pricier dollar bond in order to repay a $1.5 billion…