Explainer: Looming US debt ceiling fight is starting to worry investors
NEW YORK, April 20 (Reuters) – A debt ceiling fight is looming in the U.S. yet again, giving investors another worry for markets this year....
‘Zero capacity to save’: Argentines buckle as inflation tops 104%
BUENOS AIRES, April 14 (Reuters) – Argentina’s annual inflation rate soared to 104.3% in March, the official statistics agency said on Friday, one of the...
Exclusive: Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
ATLANTA, April 14 (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its tightening cycle with some confidence inflation...
Several Fed officials considered rate pause in March, minutes show
WASHINGTON, April 12 (Reuters) – Several Federal Reserve policymakers last month considered pausing interest rate increases after the failure of two regional banks and a...
Inflation data spurs stocks rally, drop in U.S. yields
U.S. inflation cools in February Two-year U.S. Treasury yield set for biggest monthly drop since 2008 S&P 500 records back-to-back quarterly gains NEW YORK, March...
Slower China factory activity growth challenges economic recovery prospects
Manufacturing PMI 51.9 in March vs 52.6 in Feb Non-manufacturing PMI expands at fastest pace in nearly 12 years BEIJING, March 31 (Reuters) – China’s...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
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”...
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...
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...