By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said Thursday the U.S. central bank will have to do more on the policy front to get still h[...]
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April 20, 2023
Yellen says US seeks ‘healthy competition’ with China, eyes Beijing trip
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The U.S. seeks “constructive and fair” economic ties with China, but will protect its national security interests and push back agai[...]
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BOJ open to tweaking YCC this year if wage momentum holds – sources
By Leika Kihara TOKYO (Reuters) -The Bank of Japan is warming to the idea of tweaking its controversial bond yield control policy later this year, but will likely keep settings unchanged at next week[...]
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Wall St slides after gloomy earnings led by Tesla
By Lewis Krauskopf, Sruthi Shankar and Ankika Biswas (Reuters) – Major U.S. stock indexes ended lower on Thursday after disappointing quarterly reports from companies including Tesla and AT&[...]
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Fed emergency lending rises slightly in latest week
NEW YORK (Reuters) – Federal Reserve emergency lending to banks in the wake of last month’s financial sector troubles remains high and increased modestly in the latest week, according to d[...]
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Marketmind: Inflation first big test for BOJ’s Ueda
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Japanese inflation figures for March and the first insights into economic activity around the world th[...]
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Argentina central bank hikes interest rate to 81% after inflation overshoot
By Eliana Raszewski, Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) – Argentina’s central bank hiked the benchmark interest rate a sharper-than-expected 300 basis points on Thursda[...]
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South Korea March producer inflation eases to weakest in 25 months
SEOUL (Reuters) – South Korea’s producer inflation slowed in March to the weakest level in 25 months, central bank data showed on Friday, led by agricultural and petroleum products. The pr[...]
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Stocks stumble as Tesla drops, US yields retreat after data
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was poised for its biggest daily percentage drop in two weeks on Thursday as a sharp decline in Tesla shares weighed while soft[...]
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