BOGOTA (Reuters) -Colombia’s central bank may need to consider additional hikes to its benchmark interest rate, depending on how inflation in Latin America’s fourth-largest economy behaves, the International Monetary Fund (IMF) said on Tuesday, while not ruling out other internal risks. The board of Colombia’s central bank has raised borrowing costs by a total of…
The reason has to do with politically expedient, but fiscally shortsighted policies…
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The Detroit giant may not have to lower the price of the Cadillac Lyriq, which now is eligible for the new federal tax credit of $7,500…
Non-farm payrolls jumped 517,000 last month, and the unemployment rate fell to a 53-year low…
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© Reuters. A general view of the business district during rush hour traffic jams in Jakarta, Indonesia, August 4, 2022. REUTERS/Willy Kurniawan/Files JAKARTA (Reuters) – Indonesian President Joko Widodo said the economy is expected to record growth of 5.2%-5.3% for last year. Official 2022 gross domestic product data will be released next week. The government’s…
© Reuters. FILE PHOTO: Shoppers walk through a retail district in the wake of coronavirus disease (COVID-19) lockdown restrictions being eased in Auckland, New Zealand, November 10, 2021. REUTERS/Fiona Goodall By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s jobless rate held just above historic lows and wage inflation hit a three-decade high but there are…
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