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...
Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
China central-bank adviser proposes structural reforms to revive economy
[1/2]Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30,...
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...
Global finance system fragmenting; Myanmar crisis worsens: UN chief
[1/4]UN Secretary General Antonio Guterres speaks during his bilateral meeting with Indonesian President Joko Widodo on the sidelines of the Association of Southeast Asian Nations...
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)...
Fukushima wastewater released into the ocean, China bans all Japanese seafood
China criticises action as ‘selfish and irresponsible’ Japan and IAEA say radioactivity levels well below safe levels Initial release about 3 Olympic swimming pools worth...
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...