Raising Fed’s policy rate to 2.5% by end of 2022 is ‘prudent,’ Daly says
(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 …
(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 …
‘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 …
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 …
“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 …
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 …
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 …
BEIJING – China will step up policy measures in timely way to support the economy while studying new stimulus plans, state media on Friday quoted …
(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 …
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 …
(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 …
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 …
By John Revill ZURICH – Switzerland has become more vulnerable to a shock from its inflated property sector, Swiss National Bank Vice Chairman Fritz Zurbruegg …
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 …
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 …
By Valentina Za and Francesca Landini MILAN – The European Central Bank can keep its accommodative policy stance if euro zone governments act to offset …
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 …
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 …
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 …
TOKYO – The Bank of Japan maintained its massive stimulus on Friday and warned of “very high uncertainty” over the economic fallout from the Ukraine …
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 …
By Akriti Sharma and Jahnavi Nidumolu – Kanye West has been suspended from social media network Instagram for 24 hours after the rapper infringed the …
– 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 …
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 …
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 …
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 …
By Steve Holland and Eric Beech WASHINGTON – President Joe Biden on Thursday rejected Republican accusations that he is holding back production of oil in …
State Agents ‘Raided’ Preschool And Interviewed 1-Year-Olds About Mask Policy Laurel Duggan on March 9, 2022 California announced its plan to drop the state’s mask …
Washington, DC – Today, U.S. Marshals Service (USMS) Director Ronald L. Davis signed the interim policy for the USMS to begin use of body-worn cameras …
BRUSSELS – European Union countries should move to a neutral fiscal stance next year from a supportive stance in 2022, with high debt countries focusing …
TRENTON, N.J. – New Jersey’s new vehicle pursuit policy prohibiting when a police officer can initiate the pursuit of a suspect is coming under fire today. …
FRANKFURT – The European Central Bank should hold off on removing any more stimulus for now as the war in Ukraine raises uncertainty and the …
By Jonnelle Marte – The conflict unfolding in Ukraine could have an effect on the U.S. economy in the medium term and should be factored …
BANGKOK – Thailand’s fiscal and monetary policy are still operating together to achieve 4% economic growth this year and ensure a full economic recovery, its …
ALMATY – Kazakhstan’s central bank hiked its policy rate to 13.5% from 10.25% on Thursday as the central Asian nation’s tenge currency sank alongside the …
LONDON – Britain is in the midst of its most challenging period for monetary policy since it started to target inflation 30 years ago, Bank …
TALLAHASSEE, Fla.—Attorney General Ashley Moody is demanding the immediate resignation of U.S. Department of Homeland Security Secretary Alejandro Mayorkas—leading 13 other states in an effort …
WASHINGTON – Top U.S. foreign policy officials arrived at the White House on Monday as Russian President Vladimir Putin said he was weighing a request …
– Federal Reserve chief Jerome Powell will testify before Congress on March 2 and 3 in what are likely to be his final public remarks …
By Howard Schneider NEW YORK – Current high inflation requires a “substantial repositioning” of Federal Reserve policy, but not so much that it will restrict …
FRANKFURT – The European Central Bank has been right to maintain its easy money policy as inflation is set to fall after “transient boosts” from …
– Backers of the U.S. biofuel industry told lawmakers on Wednesday that the nation’s renewable fuel mandates are good for farmers, national security and the …
TOKYO – The Bank of Japan could temporarily suffer losses on its huge asset holdings if it were to end its ultra-loose monetary policy, governor …
By Karen Brettell NEW YORK – A dramatic flattening in key parts of the U.S. Treasury yield curve is reflecting worries that the Federal Reserve …
By Md Manzer Hussain BENGALURU – The Philippine central bank will wait until the end of the year before raising interest rates from a record …
A federal district court in Louisiana halted one of President Joe Biden’s key climate initiatives implemented shortly after he was inaugurated in January 2021. Judge …
FRANKFURT – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as pandemic-related bottlenecks in goods as well …
TRENTON, NJ – Phil Murphy can’t help himself. Even after five people have been murdered as a result of his early inmate release program, he’s …
UPPER MARLBORO, MD – Just weeks after the Biden Administration promised at home COVID-19 testing kits for every American, then buying $1.2 billion worth of …
By Balazs Koranyi and William Schomberg FRANKFURT/LONDON – In just a few short weeks, the balance of power at the world’s top central banks has …
By Ann Saphir and Howard Schneider -St. Louis Federal Reserve President James Bullard on Tuesday said he favors starting the turn to tighter U.S. monetary …