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. interest rate cut rose and energy shares tumbling along with…
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 in the cost of hotel accommodation and gains in portfolio…
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 loss of momentum in economic activity could be spreading to…
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, four Federal Reserve policymakers said on Thursday. FILE PHOTO: A…
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 policy could remain in place “for some time,” a further…
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 week and the Reuters stories related to them. Traders work…
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 any time soon, taking heart in continued job gains and…
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 week and the Reuters stories related to them. FILE PHOTO:…
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 week and the Reuters stories related to them. FILE PHOTO:…
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, according to economists in a Reuters poll who gave a…