Today: September 20, 2024
Today: September 20, 2024

Fed's Kashkari: inflation still too high

FILE PHOTO: Minneapolis Fed President Neel Kashkari speaks during an interview with Reuters in New York
April 26, 2024
Reuters

(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for inflation to come down, and it is "still too high."

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BOJ Governor Ueda's comments at news conference

The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signalling its confidence a solid economic recovery will allow the central bank to raise

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ECB hopes for more cross border bank consolidation

The European Central Bank is hoping for more cross-border bank consolidation to improve the valuation of lenders and efficiency in the sector, ECB Vice President Luis de Guindos

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UK retail sales rise by more than expected in August

British retail sales rose by a stronger-than-expected 1% in August and growth in July was revised up, official figures showed on Friday.

UK retail sales rise by more than expected in August
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Seeking to counter China, US awards $3 billion for EV battery production in 14 states

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EU's 5 billion euro aid for Poland may not cover all flood losses, minister says

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For Sri Lanka's minority Tamils, election does not offer hope

For Sri Lanka's minority Tamils, election does not offer hope