HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with…
White House announces $13.5 billion funding to help households with energy bills
(Reuters) – President Joe Biden’s administration will make $13.5 billion available to help low-income U.S. households lower their heating costs…
Fed’s Powell: ‘Soft landing’ chances have narrowed
(Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest…
Fed delivers fourth 75 bp hike, signals scale-back coming
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it…
Exclusive-Italy pushes to weaken fossil fuel financing pledge – sources
By Kate Abnett and Giuseppe Fonte BRUSSELS (Reuters) – Italy is attempting to weaken a pledge 10 European governments intend…
ECB will need more rate hikes to fight off inflation, De Cos Says
MADRID (Reuters) – The European Central Bank “will need additional interest rate increases” to fight off inflation even considering the…
Marketmind: Turn, turn … turn?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever And so it…
Fed’s Powell: ‘Ultimate level’ of rates likely higher than earlier estimates
(Reuters) – The “ultimate level” of the Federal Reserve’s benchmark policy rate is likely higher than previously estimated, Fed Chair…
U.S. private payrolls growth accelerates on services sector in October
By Lucia Mutikani WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in October, offering more evidence of labor…
Qatar central bank raises deposit rate to 4.5%
(Reuters) – Qatar’s central bank said on Wednesday it will increase its interest rates by between 50 and 75 basis…