Tag: finance

© Reuters. FILE PHOTO: General view of Colombia’s central bank in Bogota, Colombia October 9, 2019. REUTERS/Luisa Gonzalez/File Photo By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank is likely to raise borrowing costs to 11% on Friday at its penultimate meeting of the year, in tandem with policymakers around the world who are trying…

© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco By Neil Jerome Morales MANILA (Reuters) – The Philippine central bank must be a “little aggressive” in tightening policy to bring inflation down to within…

© Reuters. FILE PHOTO: People shop at the South Melbourne Market on the second day of eased coronavirus disease (COVID-19) lockdown regulations set to curb the outbreak, in Melbourne, Australia, October 23, 2021. REUTERS/Sandra Sanders SYDNEY (Reuters) – Australia’s economic growth is expected to slow sharply next financial year as rising inflation curbs household consumption,…

© Reuters. FILE PHOTO: Marton Nagy , when National Bank of Hungary Deputy Governor, attends an interview with Reuters in Budapest, Hungary, May 23, 2017. REUTERS/Krisztina Than By Krisztina Than BUDAPEST (Reuters) -Hungary will include variable-rate loans to small- and medium-sized businesses in a scheme designed to cap loan rates and avoid a recession, Minister…

© Reuters. FILE PHOTO: Governor of People’s Bank of China (PBOC) Yi Gang attends a news conference on China’s economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo By Kevin Yao and Xie Yu BEIJING/HONG KONG (Reuters) – China’s central bank chief Yi Gang is likely…

Many top economists, such as Harvard’s Larry Summers, say the economy is likely to enter a recession this year or next, thanks to the large interest-rate increases from the Federal Reserve. The economy shrank 1.6% in the first quarter and 0.6% in the second. Consumer prices soared 8.2% in the 12 months through September, and…

© Reuters. FILE PHOTO – Brazil’s Central Bank President Ilan Goldfajn speaks during an interview with Reuters in Brasilia, Brazil January 22, 2019. REUTERS/Ueslei Marcelino By Marcela Ayres BRASILIA (Reuters) -Brazil plans to nominate former central bank governor Ilan Goldfajn to head the Inter-American Development Bank (IDB), a person familiar with the matter said on…

2/2 © Reuters. Signage is seen at the JPMorgan Chase & Co. New York Head Quarters in Manhattan, New York City, U.S., June 30, 2022. REUTERS/Andrew Kelly 2/2   JPM +1.66% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

Lagging indicators are economic metrics that use backward-looking data.  mashabuba fromGetty Images Signature; Canva ContentsWhat Are Lagging Indicators? How Do They Differ From Leading Indicators?Examples of Leading Indicators vs. Lagging Indicators Are Interest Rates a Lagging Indicator? Is Inflation a Lagging Indicator? Is Unemployment Leading or Lagging? Which Indicators Are Not Lagging? What Are Lagging…

Addressing recent predictions that the U.S. economy is headed for recession, President Joe Biden maintains that it is not inevitable. Biden made an appearance on CNN in an interview with Jake Tapper  Tuesday. “I don’t think there will be a recession,” Biden said. “If it is, it will be a very slight recession. That is,…