Gold prices hold firm as banking worries persist
ECB pushes through 50 bps rate hike despite market turmoil Traders see Fed raising rates by 25 bps next week March 16 (Reuters) – Gold...
Wall Street ends sharply lower, Treasury yields dip ahead of jobs report
NEW YORK, March 9 (Reuters) – Wall Street slid sharply on Thursday, pulled lower by bank stocks and jitters ahead of Friday’s employment report, while...
Fed’s Powell sees long-term damage if US debt ceiling not raised
NEW YORK, March 7 (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve Chair Jerome...
Fed “acutely aware” of trouble inflation is causing – report
WASHINGTON, March 3 (Reuters) – The U.S. Federal Reserve is “acutely aware” of the challenges high inflation poses to the economy and is “strongly committed”...
Ex-BOJ gov Shirakawa urges re-examination of monetary framework, inflation targets
TOKYO, March 2 (Reuters) – Former Bank of Japan (BOJ) Governor Masaaki Shirakawa called on policymakers to reconsider central banks’ monetary framework based on inflation...
‘Stubborn’ food inflation leaves U.S. shoppers with slim appetite for other goods
Food retailers benefit from rocketing prices Choosy shoppers seek discounts on clothing, housewares Home improvement sales head down Feb 23 (Reuters) – As American shoppers...
Wall St heads for big weekly drop as investors sweat rate hikes
PCE index up 0.6% m-o-m in Jan after 0.2% rise in Dec Boeing slides on 787 Dreamliner jets temporary halt Adobe falls as DoJ to...
Argentine savers ‘drown’ under spiraling prices as inflation hits 99%
BUENOS AIRES, Feb 14 (Reuters) – Argentina’s inflation rate has hit just shy of 100%, the government said on Tuesday, with savers feeling more pain...
U.S. posts $39 billion January deficit after pension fund bailout
WASHINGTON, Feb 10 (Reuters) – The U.S. government posted a $39 billion budget deficit for January after a $119 billion monthly surplus a year earlier,...
China foreign-exchange reserves rise $11 billion to $3.128 trillion in December
BEIJING, Jan 7 (Reuters) – China’s foreign exchange reserves rose in December, official data showed on Saturday, as the dollar fell against other major currencies....