By David French (Reuters) – Wall Street’s main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rat[...]
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February 24, 2023
Debate grows among Lula’s team over Brazil fuel tax policy
BRASILIA (Reuters) – A debate has broken out among senior aides to Brazilian President Luiz Inacio Lula da Silva over fuel taxes, underlining the competing views within his circle over the futur[...]
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Further Fed hikes expected after data dashes ‘disinflation’ hopes
By Michael S. Derby and Ann Saphir NEW YORK/SAN FRANCISCO (Reuters) -Expectations that the U.S. Federal Reserve will need to push interest rates higher and keep them elevated longer than previously pr[...]
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Global stocks fall, U.S. yields rise after strong economic data
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while U.S. Treasury yields rose on Friday following stronger-than-expected economic data that stoked worries the Federal Reserve will pr[...]
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U.S. economic resilience could add luster to semiconductor shares
By Lewis Krauskopf NEW YORK (Reuters) – Signs of a resilient U.S. economy are boosting the appeal of semiconductor stocks, even as worries over the Federal Reserve’s monetary policy tighte[...]
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U.S. equity funds see biggest weekly outflow in seven weeks
(Reuters) – U.S. equity funds suffered massive outflows in the seven days to Feb. 22, hit by worries over higher interest rates as strong economic data pointed to the U.S. Federal Reserve sticki[...]
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U.S. dollar holds seven-week high after strong inflation data
By Laura Matthews NEW YORK (Reuters) – The dollar held a seven-week peak on Friday, as another round of data showing still-high inflation reinforced expectations that interest rates could stay h[...]
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U.S. nominee for top World Bank job gets positive reviews at G20 meeting
By David Lawder and Christian Kraemer BENGALURU (Reuters) – The U.S. nominee to lead the World Bank, ex-Mastercard Chief Executive Ajay Banga, gained traction with leading members on Friday, a s[...]
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Take Five: Strap in for no landing
(Reuters) – A raft of U.S. data and European inflation numbers will give guidance on how the world’s top central banks will navigate the way ahead – including whether we’re hea[...]
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