LONDON (Reuters) – British businesses were their most confident this month since May 2022 and pricing expectations, which are being watched by the Bank of England as it grapples with high inflat[...]
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March 30, 2023
Wall St gains with tech shares; regional banks fall
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks rose on Thursday as technology-related shares extended their recent strong run, while regional U.S. bank shares fell as the Biden admini[...]
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Marketmind: What banking crisis? Ending Q1 on a high
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets go into the final trading day of the quarter in a buoyant mood, ready to face Friday[...]
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Community banks should not feel deposit insurance pain, White House says
By Douglas Gillison and Pete Schroeder (Reuters) – The White House on Thursday moved to reassure the nation’s community banks that they would not have to foot a $23 billion bill for replen[...]
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Australian housing may have found a floor, defying crash predictions
By Stella Qiu SYDNEY (Reuters) – A year-long slide in Australian home prices is showing signs of bottoming out far earlier than anyone thought possible, greatly lessening the risk of a jump in d[...]
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Fed officials keep rate hike door open, say bank stress may weigh on outlook
By Michael S. Derby, Ann Saphir and Howard Schneider WASHINGTON (Reuters) -Three Federal Reserve officials kept the door open on Thursday to more rate rises aimed at lowering high levels of inflation,[...]
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RBNZ to downshift to 25 bps increase in April as tightening nears an end- Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of New Zealand will scale back its tightening pace to a quarter-point rate hike on Wednesday as inflation runs hot even as the economy[...]
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Bank of Mexico hikes key interest rate to 11.25%, takes dovish tone on future moves
MEXICO CITY (Reuters) -The Bank of Mexico’s five-member governing board unanimously voted to hike the benchmark interest rate by 25 basis points to 11.25% on Thursday, moderating the pace of its[...]
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Metal worker, soccer coach, honey salesman: three jobs to beat Argentina’s 100% inflation
By Miguel Lo Bianco and Lucila Sigal BUENOS AIRES (Reuters) -As Argentina’s over 100% inflation rate saps earning power and outstrips wages, Jorge Pedro Armoa, 67, has found a painful solution:[...]
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