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...
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,...
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...
The end of King Dollar? The forces at play in de-dollarisation
[1/2] A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao LONDON, May 25 (Reuters) – Rivalry with...
Gold eases on profit taking after US inflation data
US CPI up 0.4% in April vs 0.1% in March Core inflation well above Fed’s target, analyst says May 10 (Reuters) – Gold prices edged...
Gold gains on economic risks with US inflation in focus
U.S. inflation data due at 8:30 a.m. EDT on Wednesday Equities fall on Chinese data and U.S. debt limit worries Platinum up more than 3%...
Global equity funds see biggest weekly outflow in five weeks
May 5 (Reuters) – Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a...
Gold slides on US jobs growth as Fed-led rally fizzles
U.S. nonfarm payrolls +253,000 in April Global gold demand fell in first quarter of 2023- WGC Palladium up more than 3% May 5 (Reuters) –...
Gold steadies after Fed-driven run to near-all-time peak
Gold still has prospects to rise further – analyst ECB’s interest rate decision due at 1215 GMT Lofty prices tarnish gold’s lustre in top Asian...
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
WASHINGTON, May 1 (Reuters) – U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the...