Browsing: Economy

Senior Federal Reserve officials are by no means unanimous about the central bank’s December forecast showing three cuts in U.S. interest rates in 2024. Neither is Wall…

By Nivedita Balu TORONTO (Reuters) – The Bank of Canada’s warning that borrowing costs are likely to stay higher-for-longer has prompted anxious mortgage owners to turn…

Federal Reserve Chair Jerome Powell said Wednesday it was too early to declare victory over inflation, but financial markets have effectively declared victory for him. Some…

By Miranda Murray and Rene Wagner BERLIN (Reuters) – German business morale improved for a third straight month in November, the Ifo institute said on Friday…

Inflation is likely to continue to slow over the next two years and approach the Federal Reserve’s target rate of 2%, according to projections released Friday…

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has decided to veto a bill which was set to extend a payroll tax exemption to…

A pair of senior officials at the Federal Reserve on Friday said it’s too soon to talk about cutting interest rates and that it could be…

FRANKFURT (Reuters) – No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son…

A contrarian viewpoint is emerging that challenges investors’ recent optimism over the Federal Reserve’s ability to bring inflation down to 2% without a U.S. recession or…

European Central Bank President Christine Lagarde, speaking at a Bundesbank youth event, conveyed the need for prudence before making any changes to the current monetary policy.…