(Reuters) – Cleveland Federal Reserve President Loretta Mester said on Friday that she was keeping to her previous forecast made at the end of last year for the U.S. central bank’s interes[...]
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February 24, 2023
Two Fed measures see notable recession risk despite strong data
By Michael S. Derby NEW YORK (Reuters) – Two Federal Reserve regional bank measures that map bond yields to the economic outlook still put better-than-even chances of a U.S. recession by next ye[...]
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Foreign direct investment in Brazil posts best January in 5 years
BRASILIA (Reuters) – Foreign direct investment in Brazil reached its highest level for January in five years, according to central bank data on Friday, continuing a trend of strong results since[...]
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China economy to rebound in 2023 under precise, forceful monetary policy: central bank
BEIJING (Reuters) – China’s economy is expected to generally rebound in 2023 and monetary policy will be precise and forceful, the central bank said in its quarterly policy implementation[...]
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Brazil inflation beats forecasts in mid-February, rate cuts still unlikely
SAO PAULO (Reuters) -Brazil’s consumer prices rose by more than expected in the month to mid-February, data from government statistics agency IBGE showed on Friday, with annual inflation remaini[...]
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U.S. business equipment borrowings grow 6% in January – ELFA
(Reuters) – U.S. companies borrowed 6% more in January to finance equipment investments from a year earlier, industry body Equipment Leasing and Finance Association (ELFA) said on Friday.[...]
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Canada has firepower to invest billions in green transition, analysts say
By Steve Scherer OTTAWA (Reuters) – Canada has the firepower to invest billions of dollars in the green transition over the coming years to make it more competitive with the United States, analy[...]
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With eye on deficit, Malaysia’s Anwar tightens spending, taxes the rich
By A. Ananthalakshmi, Mei Mei Chu and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia on Friday unveiled plans to scale back spending this year and tax the wealthy as Prime Minister Anwar Ibrahim focu[...]
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Analysis-With record diversity on their boards, Fed bank chiefs see lower chances of policy error
By Ann Saphir (Reuters) – A record number of women and minorities hold seats this year on the boards of the Federal Reserve’s 12 regional banks, providing perhaps the most diverse range of[...]
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