By Howard Schneider NEW ORLEANS (Reuters) -The Federal Reserve’s effort to shock the economy back to lower inflation is in its early days, making it tough for the U.S. central bank to avoid over[...]
Read moreJanuary 9, 2023
Mexico inflation below forecasts in December, core inflation cools
MEXICO CITY (Reuters) -Mexico’s headline inflation ended 2022 slightly below analysts’ expectations, while core inflation finally appeared to have peaked, data from the national statistics[...]
Read moreMarketmind: Seeing through another shock
A look at the day ahead in U.S. and global markets from Mike Dolan. Brazil’s weekend political shock reminds world markets of fragile geopolitics, but investors more broadly appear happier to st[...]
Read moreAnalysis-Some ocean shipping rates collapsing, but real price relief is months away
By Lisa Baertlein LOS ANGELES (Reuters) – Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the s[...]
Read moreAnalysis-Bankman-Fried fraud charges sidestep debate over how U.S. law sees crypto
By Luc Cohen NEW YORK (Reuters) – Sam Bankman-Fried may find it hard to argue the fraud charges against him should be tossed because of uncertainty as to how U.S. law treats cryptocurrency, as o[...]
Read moreEuro zone unemployment rate unchanged in Nov as expected
BRUSSELS (Reuters) – The euro zone’s unemployment rate was unchanged at a record low in November as expected, with the absolute number of people without jobs falling slightly further, the[...]
Read moreAnalysis-Fall in India nominal GDP growth in FY24 to challenge fiscal math
By Ira Dugal MUMBAI (Reuters) – India’s nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by[...]
Read moreEuro zone investor morale rises for third consecutive month
FRANKFURT (Reuters) – Investor morale in the euro zone picked up for a third consecutive month in January to its highest level since June 2022, but remained in negative territory reflecting a ch[...]
Read moreRomania quietly catches up with richer neighbours, helped by EU cash
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s economy is set to outpace its stagnating neighbours this year, helped by European Union funding, currency stability and fo[...]
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