By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen is digging in to oversee billions of dollars in federal climate and infrastructure spending that she believes will tr[...]
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January 10, 2023
Wall St ends higher, Powell comments avoid rate policy
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speec[...]
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South Korea Dec 2022 unemployment rate rises to 11-month high
SEOUL (Reuters) – South Korea’s unemployment rate rose to an 11-month high in December 2022, while the annual increase in employed people marked the smallest in 21 months, official data sh[...]
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Oil edges higher as petroleum demand set to touch record next year
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices edged slightly higher on Tuesday as the U.S. government forecast record global petroleum consumption next year and as the dollar hovered at se[...]
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Stocks rise, bond yields rise with December’s upcoming price data in focus
By Sinéad Carew and Amanda Cooper NEW YORK, LONDON (Reuters) – Wall Street’s major stock averages closed higher on Tuesday, steadying in the afternoon after early volatility while Treasury[...]
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Brazil’s 2022 inflation slows sharply, misses government target
By Marcela Ayres BRASILIA (Reuters) -Brazil’s inflation ended 2022 with a sharp slowdown from double-digit peaks seen throughout the year on the back of fiscal measures and an aggressive monetar[...]
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Brazil central bank to remain vigilant on inflation after missing 2022 target -governor
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Tuesday that policymakers have taken the necessary steps to ensure inflation reaches its targets until 2025, re[...]
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Marketmind: Taking the down under on Aussie inflation
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The global inflation focus turns to Australia’s November figures on Wednesday, and will shine a[...]
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Powell: Fed needs independence to fight inflation, should avoid social policy
By Lindsay Dunsmuir and Howard Schneider STOCKHOLM (Reuters) -The Federal Reserve’s independence from political influence is central to its ability to battle inflation, but requires it stay out[...]
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