(Reuters) – Belarusian Prime Minister Roman Golovchenko said on Wednesday he expected interest rates in his country to fall following rate cuts by the Russian central bank, despite accelerating inflation…
(Reuters) – Portugal’s unemployment rate in the first quarter fell to 5.9%, from 7.1% a year earlier, and from 6.3% in the preceding three months, official data showed on Wednesday.…
SEOUL – South Korea’s unemployment rate remained at a historical low for a third month in April, while the number of people employed increased for a 14th straight month, the…
By Howard Schneider AMELIA ISLAND, Fla. – Inflation will need to show a “compelling” slowdown before the Federal Reserve can consider pausing its interest rate increases, Cleveland Federal Reserve President…
ELTVILLE AM RHEIN, Germany – The Federal Reserve’s signal that it will likely raise interest rates by 50 bps at each of its next two meetings in June and July…
(Reuters) – The U.S. Federal Reserve can assess how much more it needs to do to bring inflation back down to its 2% goal when it has raised borrowing costs…
SANTIAGO – Chile is expected to hike its benchmark interest rate to 9% in June, a central bank poll of analysts suggested on Tuesday, as the world’s top copper producer…
ELTVILLE AM RHEIN, Germany – The Federal Reserve’s efforts to tame inflation will at best still see declining economic growth and a small rise in the unemployment rate for a…
By Julie Gordon OTTAWA – Faced with runaway inflation, Canada’s central bank has taken the rare step of providing guidance on the path of interest rates, as it aims to…
LONDON – Bank of England policymaker Michael Saunders said the neutral rate of interest – the level at which it neither stimulates nor restrains demand – might be somewhere in…
(Reuters) -Russia’s weekly inflation rate eased in late April, data from statistics service Rosstat showed on Friday, confirming an easing of crippling price pressures days after the central bank cut…
SYDNEY – Australia’s central bank on Friday drastically revised up forecasts for inflation, foreshadowing how far interest rates might have to rise to bring the country’s cost of living crisis…
By Gertrude Chavez-Dreyfuss NEW YORK – Futures on the federal funds rate priced in on Thursday a roughly 75% chance of a three quarters of a percentage point tightening by…
By Manoj Kumar and Aftab Ahmed NEW DELHI – India’s central bank is expected to frontload more aggressive interest rate hikes in its effort to tame high inflation, at least…
DUBLIN – Ireland’s unemployment rate fell to its lowest rate since the start of the COVID-19 pandemic, dropping to 4.8% in April from a downwardly revised 5.1% in March, the…
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said central bank officials are not “actively” considering a rate hike of three-quarters of a percentage point at coming monetary policy…
(Reuters) – Futures on the federal funds rate have priced in a roughly 70% chance of another half a percentage-point tightening at next month’s meeting after the Federal Reserve lifted…
By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK – Stock market investors are heading into the U.S. Federal Reserve’s rate-setting announcement particularly pessimistic, with fresh milestones for bond yields…
By Ann Saphir WASHINGTON – The Federal Reserve on Wednesday is expected to raise interest rates by half of a percentage point and announce the start of reductions to its…
LONDON – Shop prices in Britain surged last month at the fastest rate in more than a decade and worse is to come, according to a survey published on Wednesday…
TOMS RIVER, NJ – The Toms River Regional School District is offering $29 per hour to school bus drivers as it attempts to properly staff its fleet of school buses…
SYDNEY – Australian consumer sentiment took a nose dive last week as a shockingly high reading in inflation fuelled concerns about the cost of living and possible rise in interest…
PRAGUE – The Czech National Bank is likely to raise its main rate by 50 basis points to 5.50% on May 5, a Reuters poll suggested on Monday, pushing borrowing…
TOKYO – Japan’s manufacturing activity grew at a slower pace from the previous month in April as supply chain disruptions and strict Chinese coronavirus lockdown measures hurt overseas demand. Activity…
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in their upcoming results dented by growing competition, though the prospect…