Fed’s words in focus as markets bet rate hikes will soon end
Jan 30 (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their benchmark interest rate, the smallest since...
Splits emerge as U.S. House Republicans demand Biden negotiate on debt limit
WASHINGTON, Jan 25 (Reuters) – Republicans who control the U.S. House of Representatives are divided over how hard a line to take on the debt...
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
NEW YORK, Jan 26 (Reuters) – The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a...
Strong U.S. economic growth expected in fourth quarter, outlook darkening
Fourth-quarter GDP forecast to increase at a 2.6% rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON,...
Consumer inflation in Japan’s capital hits near 42-year high, keeps BOJ under pressure
Jan Tokyo core CPI rises 4.3% yr/yr vs f’cast +4.2% Tokyo core-core CPI up 3.0% yr/yr in January Data highlights mounting inflationary pressure Govt fuel...
Japan PM says can’t rule out return of deflation despite price spike
TOKYO, Jan 27 (Reuters) – Japanese Prime Minister Fumio Kishida said on Friday that a return to deflation in the world’s third-largest economy cannot be...
ECB policymakers spar on rate outlook beyond Feb hike
Knot, Kazimir explicitly back 50 bps hike in March Lagarde sees significant, steady pace rate rise Stournaras, Visco call for caution Inflation high but falling...
Gold rises over 1% on tepid U.S. dollar, safe-haven inflows
Dollar slips after weak U.S. data Gold looks overbought – analyst Palladium rose up to 3% earlier in session Jan 19 (Reuters) – Gold prices...
Gold back up above $1,900 level as dollar loses ground
Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a...
Republicans’ debt plan could cause ‘economic catastrophe’ – White House
WASHINGTON, Jan 17 (Reuters) – Republicans’ plan to pay some U.S. debts as they come due but not others is a “recipe for economic catastrophe”...