© Reuters. FILE PHOTO: The Federal Reserve building in Washington September 1, 2015. . REUTERS/Kevin Lamarque/File Photo NEW YORK (Reuters) – Goldman Sachs (NYSE:GS) is forecasting that the U.S. Federal Reserve will raise interest rates five times in 2022, versus four previously, with a hike expected in March, according to a note from its economists…
© Reuters. FILE PHOTO: Sarah Bloom Raskin, in her role as deputy Treasury secretary in October 2014, participates in an open meeting of the President’s Advisory Council on Financial Capability for Young Americans at the Treasury Department in Washington, October 2, By Andrea Shalal WASHINGTON (Reuters) -The U.S. Chamber of Commerce on Thursday sent an…
© Reuters. FILE PHOTO: Gold bullion is displayed at GoldSilver Central’s office in Singapore June 19, 2017. REUTERS/Edgar Su/File Photo By Peter Hobson LONDON (Reuters) – Global demand for gold rose 10% last year but remained well below its level before the COVID-19 pandemic amid slack investor demand, the World Gold Council (WGC) said in…
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory. The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, dropped 3.8% last month to 117.7. Pending home sales fell in all four regions. Economists…
© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen as a trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 15, 2021. REUTERS/Andrew Kelly/File Photo By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on…
Istanbul is experiencing heavy snowfall, with roads blocked, flights and public transport cancelled and thousands of vehicles stranded on majors roads. Some motorists say they have had to leave their cars overnight in the total gridlock.
© Reuters Goldman Sees Risk Fed Will Tighten at Every Meeting From March (Bloomberg) — Goldman Sachs Group Inc. (NYSE:GS) economists said they see a risk the Federal Reserve will tighten monetary policy at every policy meeting from March, a more aggressive approach than the Wall Street bank currently anticipates. The Goldman Sachs economists led…
WASHINGTON (Reuters) – A gauge of future U.S. economic activity increased solidly in December, suggesting the expansion would continue despite challenges from the COVID-19 pandemic and anticipated interest rate increases from the Federal Reserve to tame high inflation. The Conference Board said on Friday its Leading Economic Index rose 0.8% last month after advancing 0.7%…
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© Reuters. FILE PHOTO: Shoppers walk down Oxford Street, amid the coronavirus disease (COVID-19) outbreak in London, Britain, December 13, 2020. REUTERS/Simon Dawson/File Photo By William Schomberg LONDON (Reuters) – British consumer price inflation looks set to hit a 30-year high of 6% or more in April, but the big question for the Bank of…





