(Reuters) – After central banks across Latin America and the Caribbean raised rates to battle inflation, the International Monetary Fund is now pointing at less spending from governments to help[...]
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April 13, 2023
Commercial real estate woes weigh on New York City recovery, NY Fed says
By Michael S. Derby (Reuters) – Ongoing stress in the New York City commercial real estate sector is still creating economic headwinds for the region as it nears a complete recovery from the cor[...]
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Britain’s Hunt: GDP figures show there’s ‘no room for complacency’
LONDON (Reuters) – British finance minister Jeremy Hunt said on Thursday there was no room for complacency in tackling low growth and high inflation after data showed the economy stagnated in Fe[...]
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IMF chief says global economy mired in weak growth, sticky inflation
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that the global economy has proven remarkably resilient to m[...]
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Bank of England’s Pill says latest UK data is disappointing
By David Milliken and William Schomberg LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Thursday that the latest data on the economy, including a stagnation of gross domestic produc[...]
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Biden’s subdued reaction to OPEC+ cuts foreshadows economic slowdown, carries risk
By Jarrett Renshaw and Andrea Shalal WASHINGTON (Reuters) -When OPEC+ made a surprise decision earlier this month to cut oil production, President Joe Biden responded with the political equivalent of[...]
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Core inflation to start improving before summer break – ECB’s Nagel
WASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European Central Bank still has a way to go with monetary policy, ECB policymaker[...]
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Brazil’s Haddad says central bank has a window of opportunity to lower rates
(Reuters) – Brazil’s Finance Minister Fernando Haddad said on Thursday that the central bank has an opportunity to lower interest rates to help boost economic growth as fiscal and monetary[...]
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ECB’s next rate hike could be 25 or 50 bps – Vasle
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank needs to keep raising rates given stubbornly high underlying inflation and its next move could be either a 25 or a 50 basis poi[...]
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