Tag: Economy

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang   USD/CNY +0.08% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY…

© Reuters. FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker FRANKFURT (Reuters) – European Central Bank interest rate hikes are in their final stretch, ECB Vice President Luis de Guindos told an Italian newspaper, while warning that higher borrowing…

© Reuters. U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, Germany’s Finance Minister Christian Lindner, Joachim Nagel, President of Germany’s federal reserve Bundesbank, Japan’s Finance Minister Shunichi Suzuki, Bank of Japan Governor (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies set a year-end deadline for launching a new scheme to…

© Reuters. Italy’s Economy Minister Giancarlo Giorgetti, Germany’s Finance Minister Christian Lindner, Joachim Nagel, President of Germany’s federal reserve Bundesbank, U.S. Treasury Secretary Janet Yellen, Japan’s Finance Minister Shunichi Suzuki, Bank of Japan Gov By Trevor Hunnicutt WASHINGTON (Reuters) -Leaders of the Group of Seven (G7) countries are set to discuss concern about China’s use…

Negotiations between the White House and the Republican-led House on raising the debt ceiling are currently at an impasse…

© Reuters. U.S. President Joe Biden walks to board the Marine One helicopter for travel to New York from the White House, in Washington, U.S., May 10, 2023. REUTERS/Jonathan Ernst   SPGI +1.45% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:…

After the spectacular, multi-billion collapse of Silicon Valley Bank (SVB) on March 10, 2023, federal regulators wasted no time taking action with other banks in distress. Less than 48 hours after SVB failed, after witnessing a large run on customer deposits, Signature Bank was closed by the New …

© Reuters. FILE PHOTO: Dr. Philip Nathan Jefferson of North Carolina speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., February 3, 2022. REUTERS/Ken Cedeno/Pool/File Photo WASHINGTON (Reuters) – The U.S. economy is slowing in an “orderly fashion” that should allow inflation to decline even…

Hugh Hendry thinks new regulations might be coming…

5/5 © Reuters. FILE PHOTO: Supporters of Turkish President Tayyip Erdogan take part in a rally ahead of the May 14 presidential and parliamentary elections, in Ankara, Turkey April 30, 2023. REUTERS/Cagla Gurdogan 2/5 By Jonathan Spicer ISTANBUL (Reuters) – If Turks oust President Tayyip Erdogan in elections this month it will largely be because…