Browsing: Economy

By Richard Cowan, Leah Douglas WASHINGTON (Reuters) -Democrats in the U.S. Congress expressed frustration with President Joe Biden’s willingness to engage with Republicans demanding tougher work…

NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes some pressure off the U.S. central…

“‘It’s the Swiss Army knife of the battlefield.’” That’s James Stavridis, the retired four-star U.S. Navy admiral and military analyst, referring to the U.S.-made F-16 “multimission”…

A chorus of Federal Reserve officials are opening the door to at least one more interest rate hike in coming months amid signs of underlying inflationary…

(Bloomberg) — Federal Reserve Chair Jerome Powell gave a clear signal he is open to pausing interest-rate increases next month and said that tighter credit conditions…

St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going to…

Historically high inflation took a notable toll on Americans’ finances last year, when rising prices outpaced wage gains and chewed into household budgets, according to newly…

By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if stubbornly-high global inflation rates are not…

As President Joe Biden and House Speaker Kevin McCarthy prepare to meet Monday afternoon over the debt-ceiling standoff, it’s really getting to be crunch time. “We…

LONDON (Reuters) – The European Central Bank must continue its fight to tame inflation “with determination” because wages are rising, fiscal policy is too generous and…