Ukraine war fuels new surge in energy prices – BBC News
Analysts are warning of a huge increase in energy bills and fuel prices due to the war in Ukraine. The…
Fed mulls firmer rate guidance, adding dates or goals, minutes show
(Reuters) – Federal Reserve policymakers last month opened a broad debate over what they can and should to do to…
Bitcoin goes through third ‘halving’, falls vs U.S. dollar
NEW YORK (Reuters) – Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced…
Wall Street Week Ahead: U.S. data deluge to underscore divide between roaring market, plunging economy
NEW YORK (Reuters) – A week packed with U.S. economic data is likely to provide investors with more evidence of…
How COVID-19 affected U.S. consumer prices in March
(Reuters) – Coast-to-coast shutdowns of businesses and stay-at-home orders from the effort to contain the new coronavirus pandemic took their…
China’s factory activity unexpectedly returns to growth in November
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months,…
Fired Zimbabwe state doctors reject offer to return to work
HARARE (Reuters) – Zimbabwe state doctors who were fired for going on strike have rejected a government offer to return…
Euro zone inflation rises quicker than expected in November
BRUSSELS/FRANKFURT (Reuters) – Euro zone inflation accelerated faster than expected in November on a rise in food and services prices,…
U.S. unemployment rate hits 3.5%; job growth moderate
WASHINGTON, (Reuters) – The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth…
As Fed policymakers comb data, few decisive signals on outlook
SAN FRANCISCO/ WASHINGTON (Reuters) – Federal Reserve policymakers on Friday signaled they are on high alert for signs that uncertainty…
Evans says two rate cuts have Fed ‘well-positioned’ at this point
FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans visits the online music retailer Sweetwater, in Fort Wayne, Indiana, U.S.…
Unsafe sex: Argentina crisis deflates condom sales as costs rise
BUENOS AIRES (Reuters) – In South America’s capital of romance, Argentine lovers are cutting back on one important cost: contraception.…
Unsafe sex: Argentina crisis deflates condom sales as costs rise
BUENOS AIRES (Reuters) – In South America’s capital of romance, Argentine lovers are cutting back on one important cost: contraception.…
Fed’s Powell says politics play no role in interest-rate decisions
U.S. Federal Reserve Chairman Jerome Powell speaks during the “The Economic Outlook and Monetary Policy” panel discussion hosted by the…
Fed Chair Powell repeats vow to act ‘as appropriate’
ZURICH (Reuters) – The U.S. Federal Reserve will continue to act “as appropriate” to sustain the economic expansion in the…
U.S. hiring cools; wages, hours offer silver lining
WASHINGTON (Reuters) – U.S. job growth slowed more than expected in August, with retail hiring declining for a seventh straight…
IMF board to meet for informal session about Argentina -spokesperson
BUENOS AIRES (Reuters) – The executive board of the International Monetary Fund will meet for an “informal information session” on…
U.S. 10-year TIPS yields fall deeper into negative territory
FILE PHOTO: A trader works on the floor of the New York Stock Exchange shortly after the closing bell in…
Fed’s Mester sees downside risk from escalating trade war
JACKSON HOLE, Wyo. (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Saturday she sees “big downside risk” from…
Fed’s commitment to act upstaged by Trump’s furor
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve Chair Jerome Powell said the central bank would “act as appropriate” to keep…
Exclusive: Fed’s Mester weighing argument for U.S. rate cut
CLEVELAND (Reuters) – One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such…
Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah…
U.S. yield curve inversion highlights recession fears, Fed dilemma
NEW YORK (Reuters) – When the U.S. Federal Reserve cut interest rates last month for the first time in more…
U.S. import prices rebound, but trend remains subdued
WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to…
Investors look for consumer pressure ahead of next tariffs
(Reuters) – As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of…
Trump wants weaker dollar but it could be a hard sell
WASHINGTON/SAN FRANCISCO (Reuters) – President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match…
U.S. retail sales ease fears over economy; rate cut still seen
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help…
Bostic: Fed’s focus is its mandates not market pricing for rate cuts
ATLANTA (Reuters) – Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank…
Fed’s Powell affirms rate cut view; others see U.S. economy humming
ATLANTA/VICTOR, Idaho (Reuters) – As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger…
Fed faces tougher task in deciding whether to cut U.S. rates
NEW YORK (Reuters) – U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder. On…
U.S. job growth surges, July rate cut expectations intact
WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and…
Preserve your ammunition, BIS urges top central banks
LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition…
Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central…
Citi sees case for Fed to lower rates by 50 bps in July
FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014.…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation,…
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically…
All eyes on Fed as stock market pines for rate cut
NEW YORK (Reuters) – The Federal Open Market Committee meeting next week is shaping up as a pivotal one for…
Oil tumbles on demand worries; stocks hit by trade, economic fears
NEW YORK (Reuters) – Oil prices slid 4% on Wednesday on higher U.S. crude inventories and a bleaker demand outlook,…
Wall St. slips; banks fall with prospect of rate cut, energy drops
NEW YORK (Reuters) – Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S.…
Underlying U.S. producer inflation boosted by services
WASHINGTON (Reuters) – Underlying U.S. producer prices increased solidly for a second straight month in May, boosted by a surge…
Weak U.S. employment report raises red flag on economy
WASHINGTON (Reuters) – U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a…
Fed officials say trade tensions could threaten growth
(Reuters) – The recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth,…
Fed’s patience on interest rates to last ‘for some time’
WASHINGTON (Reuters) – U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary…
Take Five: Vol squall coming? World markets themes for the week ahead
May 3 (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming…
U.S. Fed sees no strong case for hiking or cutting rates
WASHINGTON (Reuters) – The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them…
Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming…
Take Five: Panic over? World markets themes for the week ahead
LONDON (Reuters) – Following are the five big themes likely to dominate thinking of investors and traders in the coming…
Fed done raising interest rates; significant chance of cut in 2020: Reuters poll
BENGALURU (Reuters) – The U.S. Federal Reserve is done raising interest rates until at least the end of next year,…
Beneath Fed’s positive spin, an embrace of a tepid future
SAN FRANCISCO/WASHINGTON (Reuters) – Federal Reserve policymakers see a U.S. economy that is rapidly losing momentum. They predict inflation will…
Wall Street powers world stocks; dollar up on Brexit woes
NEW YORK (Reuters) – Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while…
A Fed pivot, born of volatility, missteps, and new economic reality
WASHINGTON (Reuters) – The Federal Reserve’s promise in January to be “patient” about further interest rate hikes, putting a three-year-old…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S.…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022…
Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022…
No evidence that Fed’s balance sheet is behind market swings: Mester
FILE PHOTO: Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health of the…
Fed to finalize plans to end balance sheet runoff ‘at coming meetings’: Mester
FILE PHOTO: Loretta Mester, president of the Federal Reserve Bank of Cleveland, speaks during an interview in Manhattan, New York,…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained…