By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending was unchanged in March as an increase in outlays on services was offset by a decline in goods, but persistent strength in underlyi[...]
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April 28, 2023
Russian Finance Minister: Hitting budget deficit of 2% of GDP depends on oil and gas – agencies
(Reuters) – Russia’s forecast of a 2023 budget deficit of no more than 2% of gross domestic product (GDP) remains in force but much depends on oil and gas revenues, Finance Minister Anton[...]
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Putin: Russia must act quickly in face of West’s ‘economic aggression’
MOSCOW (Reuters) – President Vladimir Putin on Friday said Russia needed to act quickly to counter what he called the West’s “economic aggression”, adding Moscow would expand t[...]
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Foreign tourism to Portugal has best first quarter ever
LISBON (Reuters) – The number of foreign tourists visiting Portugal surpassed 2.8 million from January through March, making it the best first quarter on record despite high global inflation and[...]
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Global money market funds see big inflows in the week to April 26
(Reuters) – Investors put their cash in the relative safety of global money market funds in the seven days to April 26, on worries over a slowdown in global economic activity with the recent dec[...]
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US money market funds see biggest weekly inflow in four weeks
(Reuters) – U.S. money market funds drew massive inflows in the week to April 26 as investors preferred safer assets amid nagging worries about the regional banking sector and prospects of an im[...]
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World’s biggest bond markets left picking up the pieces after March mayhem
By Yoruk Bahceli and Davide Barbuscia AMSTERDAM/NEW YORK (Reuters) – In mid-March, as prices for U.S. Treasury bonds swung wildly following the collapse of Silicon Valley Bank, the trading desk[...]
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High labor costs fuel debate at Fed about what it means for inflation
By Howard Schneider WASHINGTON (Reuters) – As the U.S. economy reopened from the pandemic in 2021 and companies realized the pricing power at hand from supply shortages and consumers’ eage[...]
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EU sees urgency in bolstering bank resilience after turmoil
By Jan Strupczewski and Balazs Koranyi STOCKHOLM (Reuters) – Last month’s turmoil in the banking sector barely affected European Union lenders but there remains an urgent need to make the[...]
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