Japan’s top currency diplomat escalates warning against weak yen
[1/2]Banknotes of Japanese yen are seen in this illustration picture taken September 22, 2022. REUTERS/Florence Lo/Illustration Yen at 7-mth low vs dollar, 15-yr trough to...
World Bank should add disaster clauses to debt agreements, Yellen says
[1/2]U.S. Treasury Secretary Janet Yellen delivers her speech at the U.S embassy to France, ahead of the Global Climate Finance conference, in Paris, France June...
Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
The Fed’s stages of inflation grief, in Powell’s words
WASHINGTON, June 14 (Reuters) – Federal Reserve policymakers reached a milestone on Wednesday when they left the U.S. central bank’s benchmark overnight interest rate steady...
Major banks cut China 2023 GDP forecasts as recovery falters
BEIJING, June 16 (Reuters) – Several major banks have cut their 2023 gross domestic product (GDP) growth forecasts for China after May data showed a...
Central banks, still waiting for relief on inflation, lean higher on rates
[1/2] Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON/FRANKFURT, June 15 (Reuters) – Two years into confronting rising inflation,...
Fed kicks off meeting-by-meeting policymaking amid high uncertainty
[1/2] The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger June 13...
Shares rise, Treasury yields fall as US jobless claims surge
US shares rise, European shares flat Treasury yields fall, jobless claims hit over 1-1/2-yr high Some bond investors reprice rate expectations after Canada surprise Turkey’s...
Analysis: Debt ceiling deal ignores US debt time bomb
WASHINGTON, June 5 (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little...
Risks lie ahead for US credit standing after tentative debt ceiling deal
NEW YORK, May 30 (Reuters) – News of a debt ceiling agreement still leaves uncertainties on the U.S. credit outlook, analysts said, in addition to...