Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Economy

Yellen, China's top central banker talk about debt, economic developments -US Treasury

U.S.

Yellen, China's top central banker talk about debt, economic developments -US Treasury
Economy

Yellen, UK's Hunt discussed 'joint actions to deny Russia revenue' -US Treasury Dept

U.S.

Yellen, UK's Hunt discussed 'joint actions to deny Russia revenue' -US Treasury Dept
Economy

World Bank, multilateral development banks jointly seek to boost lending power

The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of a liveable planet free of

World Bank, multilateral development banks jointly seek to boost lending power
Economy

US consumer sentiment weakens in October

U.S. consumer sentiment fell sharply in October as households anticipated higher inflation over the next year, a survey showed on Friday.

US consumer sentiment weakens in October
Economy

IMF steering committee calls for new funds, share plan by June 2025

International Monetary Fund members on Saturday pledged to complete a review of quota funding by Dec. 15, voicing support for an increase that at least maintains the

IMF steering committee calls for new funds, share plan by June 2025
Economy

Singapore hopes for substantial IPEF progress by APEC

Singapore's deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic Framework for Prosperity (IPEF) discussions in time for

Singapore hopes for substantial IPEF progress by APEC
Economy

IMF has reached goal to add $3 billion to trust fund for poorest countries-Georgieva

The International Monetary Fund has met its fundraising target to increase concessional trust fund resources for the world's poorest countries by $3 billion, IMF

IMF has reached goal to add $3 billion to trust fund for poorest countries-Georgieva
Economy

Fed's Powell set to speak Oct 19 ahead of blackout period

Federal Reserve Chair Jerome Powell will speak on Oct. 19 before the Economic Club of New York, just before the U.S. central bank's blackout period begins ahead of its next interest-rate

Fed's Powell set to speak Oct 19 ahead of blackout period
Economy

Biden to release his supplemental funding plan next week, White House says

U.S.

Biden to release his supplemental funding plan next week, White House says
Economy

Dollar General reappoints former CEO Vasos for second stint, narrows outlook

Dollar General brought back former chief Todd Vasos to replace CEO Jeffery Owen less than a year after his appointment, sending the company's shares up nearly 7% in trading after the bell

Dollar General reappoints former CEO Vasos for second stint, narrows outlook
Economy

NY will not change offshore wind and other renewable power sales contracts

New York regulators on Thursday denied requests by developers of offshore wind projects and dozens of land-based renewable projects seeking billions of dollars in additional funding for

NY will not change offshore wind and other renewable power sales contracts
Economy

Fed's Collins says economy has yet to feel full impact of Fed rate hike cycle

Federal Reserve Bank of Boston President Susan Collins on Wednesday said central bank rate rises are still working through the economy.

Fed's Collins says economy has yet to feel full impact of Fed rate hike cycle
Economy

IMF's chief economist urges Italy to toughen budget plans -media

The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the Fund "a bit worried", its chief economist, Pierre-Olivier

IMF's chief economist urges Italy to toughen budget plans -media
Economy

Israel-Hamas conflict is 'new cloud' darkening economic outlook -IMF chief

International Monetary Fund managing director Kristalina Georgieva on Thursday said the Israel-Hamas conflict was "heartbreaking" and threatened to darken the already

Israel-Hamas conflict is 'new cloud' darkening economic outlook -IMF chief
Economy

More work to do in tackling risks in non-banks, says FSB's Knot

Higher interest rates have so far not seriously undermined the global financial system, but "there is work to do" in tackling liquidity issues and hidden leverage in the non-bank

More work to do in tackling risks in non-banks, says FSB's Knot
Economy

IMF's Georgieva says debt restructuring process making progress

International Monetary Fund Managing Director Kristalina Georgieva on Thursday said consensus was growing in sovereign debt restructuring discussions on issues such as

IMF's Georgieva says debt restructuring process making progress
Economy

Marketmind: Fed's data-driven approach set for inflation test

A look at the day ahead in U.S. and global markets by Samuel Indyk The minutes from the Federal Reserve's September policy meeting on Wednesday confirmed the central bank is watching the data closely,

Marketmind: Fed's data-driven approach set for inflation test
Economy

Bets on Fed December rate hike rise after inflation data

Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and keep rates higher for longer next year, after U.S. data on Thursday

Bets on Fed December rate hike rise after inflation data
Economy

Fed doves, Fed hawks: US central bankers in their own words

The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed doves, Fed hawks: US central bankers in their own words
Economy

Instant View: Gas and shelter costs send US consumer prices higher in Sept

U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal

Instant View: Gas and shelter costs send US consumer prices higher in Sept
Economy

Australia unveils draft law to regulate digital payment providers

The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to regulate digital wallet providers including Apple Pay and Alphabet's

Australia unveils draft law to regulate digital payment providers
Economy

World Bank's Banga: Interest rates to stay higher for longer

World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies across the globe.

World Bank's Banga: Interest rates to stay higher for longer
Economy

Yellen sticks to view U.S. economy headed for soft landing

U.S.

Yellen sticks to view U.S. economy headed for soft landing
Economy

Fed's Daly: Risks of doing too much vs too little 'roughly balanced'

With U.S. inflation down from its peak, the risk of raising interest rates too little no longer far outweighs the risk of raising rates too much, San Francisco Federal Reserve President

Fed's Daly: Risks of doing too much vs too little 'roughly balanced'
Economy

Fed's Bowman says US policy rate may need to rise further

Federal Reserve Governor Michelle Bowman on Wednesday repeated her view that despite "some progress" on inflation, the U.S. central bank will probably need to tighten monetary policy

Fed's Bowman says US policy rate may need to rise further

Follow