‘Way too early’ to declare victory over inflation, says ECB’s Nagel
Joachim Nagel, President of Germany’s federal reserve Bundesbank addresses the media during the bank’s annual news conference in Frankfurt, Germany March 1, 2023. REUTERS/Kai Pfaffenbach/File...
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...
Gold heads for second straight monthly rise on Fed pause bets
An employee casts ingots of 99.99 percent pure gold at the Novosibirsk precious metals refining and manufacturing plant in the Siberian city of Novosibirsk, Russia,...
Rising US debt stokes calls in Congress for special fiscal commission
WASHINGTON, Nov 21 (Reuters) – The U.S. Congress is facing growing calls to find a way to stem rising budget deficits and debt following this...
Moody’s turns negative on US credit rating, draws Washington ire
NEW YORK/WASHINGTON, Nov 10 (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits...
Falling Treasury yields could turn Fed hawkish if financial conditions ease
[1/2]Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the Federal Open Market Committee on...
China weighs options to blunt U.S. sanctions in a Taiwan conflict
BEIJING, Oct 20 (Reuters) – In a war with the U.S. over Taiwan, China would need to create a global network of companies under U.S....
Putin filmed in China accompanied by officers with Russian nuclear briefcase
MOSCOW, Oct 18 (Reuters) – Rare footage was shown on Wednesday of Russian President Vladimir Putin in Beijing accompanied by officers carrying the so-called nuclear...
Putin visits ‘dear friend’ Xi in show of no-limits partnership
BEIJING, Oct 17 (Reuters) – Russian President Vladimir Putin arrived in Beijing on Tuesday to meet with Chinese President Xi Jinping on a widely watched...
As global debt worries mount, is another crisis brewing?
Higher rates feed developed economy debt worries Huge spending needs, interest payments to keep debt high U.S., Italy, Britain most concerning Credible spending plans, tax...