Tag: Economy

© Reuters. FILE PHOTO: People walk past the Bank of England during morning rush hour, amid the coronavirus disease (COVID-19) pandemic in London, Britain, July 29, 2021. REUTERS/Henry Nicholls/File Photo By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs by end-2022, earlier than previously thought, and there is a chance…

2/2 © Reuters. FILE PHOTO: 20 Euro banknotes are seen in a picture illustration, August 1, 2016. REUTERS/Regis Duvignau/Illustration//File Photo 2/2 By Hans Seidenstuecker and John O’Donnell BERLIN/FRANKFURT (Reuters) -German prosecutors raided the finance and justice ministries on Thursday as part of an investigation into the government’s anti-money laundering agency, putting the spotlight on Germany’s…

© Reuters. FILE PHOTO: Raphael Bostic, president of the Federal Reserve Bank of Atlanta, poses for a photo in Knoxville, Tennessee, U.S., March 23, 2018. REUTERS/Ann Saphir/File Photo (Corrects to say Bostic is currently a voting member on the FOMC in last paragraph) (Reuters) – Federal Reserve Bank of Atlanta President Raphael Bostic believes the…

2/2 © Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie/File Photo 2/2 By Julie Gordon OTTAWA (Reuters) -The Bank of Canada left rates unchanged on Wednesday and said it expects growth to strengthen in the second half following a shock contraction…

© Reuters. FILE PHOTO: Arrangement of various world currencies including Chinese yuan, U.S. dollar, Euro, British pound, pictured January 25, 2011 REUTERS/Kacper Pempel/Illustration/File Photo LONDON (Reuters) – Top banks in Europe continue to use tax havens to book chunks of profits, a trend that has changed little since 2014 despite country-by-country disclosures becoming mandatory, the…

© Reuters. FILE PHOTO: Staff members chat as they prepare a seminar of Australia China bilateral cooperation in resources and infrastructure in West Australia, in Beijing July 23, 2009. REUTERS/Jason Lee/Files SYDNEY (Reuters) – Australia must diversify its economy to rely less on China, its largest trading partner, Treasurer Josh Frydenberg said on Monday, as…

© Reuters. FILE PHOTO: People walk in Lujiazui financial district during sunset in Pudong, Shanghai, China July 13, 2021. Picture taken July 13, 2021. REUTERS/Aly Song SHANGHAI (Reuters) – China will continue to improve monetary policy controls and its prudent macroeconomic policy framework, and construct an early-warning system to monitor and evaluate financial risks, a…

© Reuters. Pedestrians walk in front of a currency exchange shop in downtown Buenos Aires, Argentina September 3, 2019. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Argentina’s economy will grow 7.2% in 2021, analysts said in an Argentine central bank poll published on Friday, an improvement on their forecast last month of 6.8% growth. Inflation in…

© 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) – Analysts are split on whether the Reserve Bank of Australia (RBA) will delay tapering plans at its September policy meeting next week, as a faster…

2/2 © Reuters. FILE PHOTO: A view of the Monetary Authority of Singapore’s headquarters in Singapore June 28, 2017. REUTERS/Darren Whiteside 2/2 By Alun John HONG KONG (Reuters) -Central banks in Australia, Singapore, Malaysia and South Africa will conduct a cross border payments trial using different central bank digital currencies (CBDC) to assess if this…