By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – When Wall Street investors, dealmakers and chief executives meet in Beverly Hills next week to strategize on how to make money give[...]
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April 28, 2023
Wall Street ends sharply lower, Treasury yields slide as recession fears mount
(This April 25 story has been corrected to rectify the name of the firm to Morgan Stanley Investment Management, not Morgan Stanley Asset Management, in paragraph 14) By Stephen Culp NEW YORK (Reuters[...]
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Russia should not take temporary control of foreign banks’ units -central bank
MOSCOW (Reuters) – Taking over the temporary management of foreign banks’ divisions in Russia would not be appropriate, Central Bank Governor Elvira Nabiullina said on Friday, after Moscow[...]
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Russian central bank keeps future hikes on table as it holds rates
By Vladimir Soldatkin, Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank held its key interest rate at 7.5% on Friday, keeping the need for rate hikes on the[...]
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Czech rates seen on hold before cut in third quarter
By Jason Hovet PRAGUE (Reuters) – The Czech National Bank (CNB) is likely to maintain policy stability and keep its key interest rate at a more than two-decade high of 7.00% on Wednesday, a Reut[...]
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German inflation eases to lowest level since start of Ukraine war
By Maria Martinez BERLIN (Reuters) -German consumer prices in April posted their smallest increase since the start of the war in Ukraine, as energy prices eased further and food prices began to fall.[...]
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Instant View: US March PCE price index shows high, but cooling, inflation
NEW YORK (Reuters) – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, data from the Commerce Department showed Friday, which could see the Fed[...]
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Traders firm up bets on Fed rate hike in May
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Friday firmed up bets the U.S. central bank will raise its benchmark rate a final time in May after the governme[...]
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India March infrastructure output grows 3.6%, a five-month low
NEW DELHI (Reuters) – India’s infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part dragged by a contraction in electricity and cement output,[...]
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