Browsing: Economy

(Bloomberg) — Federal Reserve Bank of Richmond President Thomas Barkin said the central bank might need to tighten monetary policy further to reduce inflation and slow…

By Charlotte Greenfield (Reuters) -The Taliban’s acting governor of the Afghan central bank met China’s ambassador this week to discuss banking relations and business, the bank’s…

The numbers: Construction on new American homes jumped 21.7% in May, as homebuilders ramp up building single-family homes to meet strong demand from buyers. Housing starts…

By Nell Mackenzie LONDON (Reuters) -Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund’s website showed. The hedge fund,…

(Bloomberg) — US short-term inflation expectations fell in early June to a more than two-year low, helping drive consumer sentiment higher. Americans expect prices will climb…

By Michael S. Derby NEW YORK (Reuters) – The New York Fed’s in-house economic forecasting model is predicting a notably brighter economic future for the U.S.…

By Simon Johnson, John O’Donnell and Marie Mannes STOCKHOLM/FRANKFURT (Reuters) -Sweden’s government is ready to step in to stem the fallout from a property rout if…

MEXICO CITY (Reuters) -Mexican Interior Minister Adan Augusto Lopez has resigned from his post to compete for the ruling party’s candidacy in next year’s presidential elections,…

By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its key interest rate unchanged on Wednesday…

By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs of easing,” the U.S. Federal Reserve…