Fed can stop hiking rates if economy slows at current pace, Rosengren says
By Lisa Pauline Mattackal (Reuters) – The Federal Reserve can end its interest rate hiking cycle if the labor market and economic growth continue to slow at the current gradual pace, the…
China’s factory activity falls at slower pace on easing curbs – Caixin PMI
BEIJING – China’s factory activity shrank less sharply in May as COVID-19 curbs eased and some production resumed, a private sector survey showed on Wednesday, improving from a 26-month low in April.…
Japan’s corporate service prices rise at fastest pace in over 2 years
TOKYO – An index measuring prices Japanese firms charge each other for services rose in April at the fastest annual pace in more than two years, data showed on Thursday, a sign…
Euro zone Q1 GDP growth rate revised upward to end-2021 pace
BRUSSELS – Euro zone economic growth was stronger than previously expected in the first quarter, revised data showed on Tuesday, and employment rose too, showing the euro zone expanded at the solid…
Malaysia’s economy likely picked up pace in Q1, China slowdown a worry: Reuters poll
By Devayani Sathyan BENGALURU – Malaysia’s economic growth likely gathered pace in the last quarter, driven by stronger demand following a relaxation of COVID-19 measures, but a prolonged slowdown in China could…
Tokyo consumer prices rise at fastest pace in 7 years
By Yoshifumi Takemoto and Kantaro Komiya TOKYO – Core consumer prices in Tokyo, considered a leading indicator of Japanese price trends, rose 1.9% in April from a year earlier, marking the fastest…
Singapore March core inflation rises at fastest pace in a decade
SINGAPORE – Singapore’s key consumer price gauge rose in March by its fastest pace in a decade, outpacing economist forecasts, driven by higher inflation for food and services, official data showed on…
BOK governor nominee flags further policy tightening, but at more sedate pace than Fed
By Cynthia Kim and Jihoon Lee SEOUL -South Korea’s central bank governor nominee Rhee Chang-yong said on Tuesday the bank will continue to tighten monetary policy, but suggested the pace of hikes…
Commercial border crossings in El Paso slow to snail’s pace after Texas steps up security
By Jose Luis Gonzalez CIUDAD JUAREZ – Hundreds of commercial trucks waited in an hours-long line on Saturday to cross the border from the Mexican city of Ciudad Juarez into El Paso…
IFC to keep pace of investments in Brazil with environmental focus
SAO PAULO – The International Finance Corporation (IFC), the World Bank’s private-sector arm, is expected to maintain the pace of its environment-focused investments in Brazil regardless of the outcome of the country’s…
Russian services sector shrinks in March at fastest pace since May 2020 – PMI
(Reuters) – Russia’s services sector activity shrank in March at the fastest rate since May 2020 when the COVID-19 pandemic hit, due to a slump in client demand and new orders, a…
IMF sees Greek economy growing at slower pace due to Ukraine
By Lefteris Papadimas ATHENS – Greece’s economy is expected to expand 3.5% this year due to higher energy prices and the Ukraine crisis, the International Monetary Fund said on Friday, lowering a…
Bank of Mexico governor says pace of hikes may change as needed
By Anthony Esposito ACAPULCO, Mexico – The Bank of Mexico does not need to strictly track the U.S. Federal Reserve’s expected interest rates hike path and can tighten monetary policy at its…
Biden Administration On Pace To Make More Than 200K Border Detentions In March
Biden Administration On Pace To Make More Than 200K Border Detentions In March Jennie Taer on March 24, 2022 The Biden administration is likely to make more than 200,000 detentions at the…
Dealmakers see M&A pace slow as geopolitical turmoil takes toll
By Svea Herbst-Bayliss, David French and Krystal Hu NEW ORLEANS – Mergers and acquisitions activity has tailed off after a record-breaking 2021, as the war in Ukraine adds to a bevy of…
U.S. business inventories rise solidly, but pace is slowing
WASHINGTON – U.S. business inventories increased strongly in January, though the pace slowed from prior months, which could result in inventory investment making no contribution to economic growth in the first quarter.…
Chinese startups’ SPAC listings gather pace as tougher offshore IPO rules loom
By Selena Li and Samuel Shen HONG KONG – Capital-hungry smaller Chinese startups are vying for speedy offshore listings by merging with blank-check firms at a time when Beijing’s tighter scrutiny has…
UK finance sector gender parity to take 30 years at current pace -study
By Federica Urso – The number of women employed in senior management of the UK financial sector will take 30 years to reach parity with men at the current pace, a UK…
Japan’s service sector shrinks at fastest pace in 5 months – PMI
TOKYO – Japan’s services sector activity contracted at the fastest pace in five months in January in a sign businesses faced pressure from a record surge in new coronavirus infections due to…
Canadian factory activity grows at slower pace as Omicron weighs
TORONTO – Canadian manufacturing activity expanded at the joint-slowest pace in 11 months in January as material shortages and disruptions from the Omicron coronavirus variant held back output, data showed on Tuesday.…
Fed’s Barkin says pace of U.S. rate hikes depends on inflation
By Ann Saphir – How fast and far the U.S. Federal Reserve will raise interest rates once it begins doing so in March will depend on what happens with the economy and,…
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