Browsing: Economy

(Reuters) – A few major U.S. banks expect the Federal Reserve to deliver another 25-basis-point rate hike in July after the central bank on Wednesday signaled…

A meeting Friday of the multi-agency Financial Stability Oversight Council focused in part on the potential risks in the commercial real estate market, said a U.S.…

FRANKFURT (Reuters) – The European Central Bank raised interest rates for the eighth successive time as expected on Thursday and signalled further policy tightening, as it…

Bank deposits fell slightly last week and lending also declined for the first time in a month, the Federal Reserve reported Friday, but there was little…

By Nevzat Devranoglu ANKARA (Reuters) -Turkey will take steps to lower inflation and will follow free market rules as it acts to raise competitiveness and productivity,…

FRANKFURT (Reuters) – The European Central Bank revised up its inflation projections for the next three years on Thursday and said it expected price growth to…

The numbers: The number of Americans who applied for unemployment benefits last week was unchanged at 262,000, leaving it at the highest level since October 2021…

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday his country’s economy will grow at least 2% this year, “maybe even…

The numbers: U.S. industrial production fell 0.2% in May after two straight months of gains, the Federal Reserve reported Thursday. The decline was below expectations of…

By David Lawder MANDEVILLE, Jamaica (Reuters) -World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right…