Central banks ‘not out of the woods’ in inflation battle – BIS
The tower of the headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland March 18, 2021. REUTERS/Arnd Wiegmann Acquire Licensing Rights...
Fed’s Powell faces ‘what, me worry?’ moment of spiking bond yields, war, political stalemate
WASHINGTON, Oct 16 (Reuters) – Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their...
Argentina central bank hikes key rate to 133% as inflation worsens
The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian/File Photo Acquire Licensing Rights...
Argentina inflation hits 124% as cost-of-living crisis sharpens
BUENOS AIRES, Sept 13 (Reuters) – Argentina’s annual inflation rate shot up to 124.4% in August and hit its highest level since 1991, stoking a...
As inflation soars, Argentines say they’ve seen this film before
[1/4]A man pleads with riot police during protests against the Supreme Court and its backing of banking curbs, in Buenos Aires, Argentina January 10, 2002....
Japan at ‘inflection point’ in 25-year battle with deflation, government says
[1/2]People walk at an office building at a business district in Tokyo, Japan, February 29, 2016. REUTERS/Yuya Shino Acquire Licensing Rights TOKYO, Aug 29 (Reuters)...
Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
WASHINGTON, Aug 21 (Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at...
Fed meeting minutes could hint at end of rate hikes
WASHINGTON, Aug 16 (Reuters) – The minutes of the Federal Reserve’s policy meeting last month may indicate on Wednesday how many policymakers feel the U.S....
Worsening euro zone business downturn reignites recession fears
LONDON, July 24 (Reuters) – Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined...
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...