(Reuters) – San Francisco Federal Reserve President Mary Daly on Wednesday said she supports getting the U.S. central bank’s benchmark overnight interest rate up to about 2.5% by the end…
‘Strictest, Most Thorough’: China Pledges To Make Shanghai Suffer Even More Under Its ‘Zero-COVID’ Policy Philip Lenczycki on April 18, 2022 As residents of Shanghai continue to starve under their…
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…
“Our new work from home policy comes down to one thing: tremendous trust in our employee team,” said recently appointed MMNA CEO Mark Chaffin. “Over the last two years, our…
SHANGHAI -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to…
By Nichola Saminather TORONTO – Toronto-Dominion Bank’s Chief Executive Bharat Masrani on Thursday criticized the Canadian Liberal government’s planned tax on banks and called for policymakers to ensure Canada plays…
BEIJING – China will step up policy measures in timely way to support the economy while studying new stimulus plans, state media on Friday quoted Premier Li Keqiang as saying.…
(Reuters) – The recent sharp strengthening of the rouble “does not pose a risk to Russia’s fiscal policy,” the finance ministry said on Thursday. The rouble firmed sharply in Moscow…
By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said…
(Reuters) – The U.S. Federal Reserve aims to tighten monetary policy in a methodical way that keeps the economic expansion intact, Philadelphia Federal Reserve President Patrick Harker said on Wednesday.…
WASHINGTON – The White House expects an influx of people to the border if Title 42, which is a COVID-era order that has blocked over a million migrants at the…
By John Revill ZURICH – Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg said on Tuesday, adding it…
By Leika Kihara TOKYO – Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of growing inflationary pressure from the…
By Md Manzer Hussain BENGALURU – Thailand’s central bank will not raise interest rates from a record low for more than a year in a bid to support an economy…
By Valentina Za and Francesca Landini MILAN – The European Central Bank can keep its accommodative policy stance if euro zone governments act to offset higher prices, including by supporting…
SINGAPORE – Singapore’s finance minister said on Tuesday the city-state’s economy should continue to grow this year, but authorities were ready to deploy more fiscal and monetary policy measures if…
Biden Administration’s Offshore Oil Leasing Policy Will Crush American Energy Security, Experts Say Thomas Catenacci on March 18, 2022 The Biden administration’s policy on offshore oil and gas drilling leasing…
By Gergely Szakacs BUDAPEST – By extending a cap on retail fuel prices days before Russia’s invasion of Ukraine, Hungarian Prime Minister Viktor Orban has steered into a policy trap…
TOKYO – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from the Ukraine crisis, signalling its resolve to…
Appeals Court Reinstates Biden Climate Policy, Opening Door For More Regulation Thomas Catenacci on March 17, 2022 A federal appeals panel nixed a lower court ruling late Wednesday, reinstating a…
By Akriti Sharma and Jahnavi Nidumolu – Kanye West has been suspended from social media network Instagram for 24 hours after the rapper infringed the platform’s policy regarding harassment, a…
– President Vladimir Putin said on Wednesday that keeping Russia in check was a long-term policy of the West, and that its economic sanctions against Russia were short-sighted. Putin said…
By Leika Kihara TOKYO – The Bank of Japan is set to keep monetary policy ultra-loose on Friday and warn of heightening economic risks from the Ukraine crisis, unfazed by…
By Wayne Cole SYDNEY – Australia’s central bank remains prepared to be patient on raising interest rates as it waits for wage growth to pick up, though it warned a…
By David Lawder WASHINGTON – Philadelphia is plugging a massive budget hole opened by COVID-19, avoiding layoffs and the closing of swimming pools. St. Louis is handing out $500 checks…