WINNIPEG, Manitoba (Reuters) – The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, accusing Canada of not meeting ob[...]
Read moreFebruary 1, 2023
Fed delivers small rate increase; Powell suggests ‘couple’ more hikes coming
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve said on Wednesday it had turned a key corner in the fight against high inflation, but that “victory” would stil[...]
Read morePeru inflation eases in January, but annual rate ticks up amid unrest
By Gabriel Araujo (Reuters) -Peru’s consumer prices rose less than expected in January despite the impact of growing political tensions, but the 12-month rate ticked up as the Andean nation batt[...]
Read moreFactbox-U.S. House Republicans’ many proposals for spending cuts in debt-ceiling debate
(Reuters) – Republicans who control the U.S. House of Representatives say any increase in the United States’ $31.4 trillion debt ceiling should be paired with spending cuts, but so far are[...]
Read moreMarketmind: Riding the Fed dragon
By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Asian markets are set for an upbeat Thursday as U.S. stocks whipsawed to a highe[...]
Read moreMetLife profit falls 33% as market turmoil hits investment income
(Reuters) -MetLife Inc reported a 33% drop in fourth-quarter adjusted profit on Wednesday as a global market rout hurt the U.S. insurer’s investment returns. Lower private equity returns sent Me[...]
Read moreDollar falls to nine-month low as Powell notes progress in disinflation
By Karen Brettell NEW YORK (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of currencies after Federal Reserve Chair Jerome Powell spoke of maki[...]
Read moreFed’s Powell says could raise rates beyond December, gives nod to disinflation
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday he is not fully sure where the central bank will stop with rate rises as it presses forward with its efforts to cool[...]
Read moreIMF tells Argentina not to risk ‘scarce’ reserves after bond buyback
By Rodrigo Campos NEW YORK (Reuters) -The International Monetary Fund on Wednesday sent a thinly veiled warning to Argentina that it must not undermine targets to rebuild its “scarce” fore[...]
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