China’s economy brakes sharply in Q2, global risks darken outlook
China’s Q2 GDP shrinks from Q1, Y/Y growth slows sharply Widespread COVID lockdowns hammer industrial activity, demand June shows bounce in activity, but global risks...
Fed’s Bostic: Should not move rates “too dramatically”
Federal Reserve Bank of Atlanta President Raphael Bostic participates in a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in...
Ten years on, Italy faces debt crisis Draghi may not solve
Draghi resigns but head of state asks him to stay Investors question Italy’s debt sustainability Core issue is lack of economic growth FRANKFURT/ROME, July 15...
Fed staff say balance sheet runoff could strain Treasury market
The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July...
Brazil’s Bolsonaro says Western sanctions against Russia have failed
Brazil’s President Jair Bolsonaro walks before a visit to a photographic exhibition at Planalto Palace in Brasilia, Brazil July 7, 2022. REUTERS/Adriano Machado Register now...
Seething Sri Lanka stops president’s brother flying out of the country
Immigration officer says under pressure to stop some departures Opposition to nominate leader Sajith Premadasa as next president Festive mood in PM’s official residence occupied...
Kansas City Fed’s George warns “abrupt” rate changes could strain economy
WASHINGTON, July 11 (Reuters) – Abrupt changes to the federal funds rate could stress the economy and financial markets, with steady and well-communicated increases preferable...
Ex-JPMorgan traders ‘ripped off’ metals market, prosecutor says at trial
July 8 (Reuters) – Three former JPMorgan Chase & Co (JPM.N) employees worked together to scam other traders in the precious metals futures market, a...
Global equity funds see a second weekly outflow on slowdown worries
A screen displays trading informations for stocks on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 27, 2022....
U.S. recession “more likely than not”, same for Europe – PIMCO
A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao Register now for FREE unlimited access to Reuters.com...