(Reuters) – New York Federal Reserve Bank President John Williams on Wednesday said the U.S. central bank is “absolutely” committed to bringing inflation back down to its 2% target o[...]
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February 22, 2023
White House eyes Dynan, Eberly for Fed vice chair post, WSJ says
(Reuters) – The White House is considering two economists who held senior Treasury Department posts in the Obama administration for the No. 2 job at the Federal Reserve, the Wall Street Journal[...]
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Oil drops 3% as high inflation risks stoke demand worries
By Shariq Khan BENGALURU (Reuters) – Oil prices fell by $2 per barrel to their lowest in two weeks on Wednesday, as investors became more concerned that recent data will prompt more aggressive i[...]
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U.S. dollar strengthens as Fed minutes signal higher rates
By Laura Matthews NEW YORK (Reuters) – The dollar strengthened on Wednesday after U.S. Federal Reserve meeting minutes showed policymakers are determined to use a slower pace of interest-rate hi[...]
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South Korea’s producer price inflation slows to near 2-year low
SEOUL (Reuters) – South Korea’s producer price inflation slowed for a seventh straight month to its lowest in 22 months, central bank data showed on Thursday. The producer price index rose[...]
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Fed minutes show officials mulled financial stability risk amid aggressive hikes
By Michael S. Derby WASHINGTON (Reuters) -At their last monetary policy meeting, Federal Reserve officials mulled financial stability risks that existed in part due to their aggressive campaign of rat[...]
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RBNZ’s Conway: more uncertainty around GDP projections due to cyclone
WELLINGTON (Reuters) – A cyclone that hit New Zealand earlier this month was leading to greater uncertainty around GDP projections, the Reserve Bank of New Zealand’s chief economist Paul C[...]
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Fed funds futures contracts price in further quarter-point hikes
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising rates a quarter of a point at its next th[...]
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Global debt sees first annual drop since 2015 – IIF
By Marc Jones LONDON (Reuters) – The post-pandemic rebound in world growth and inflation last year meant the amount of debt sloshing around the global economy saw its first annual fall in dollar[...]
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