By Mike Dolan LONDON (Reuters) -The economic airplane hasn’t reached the runway yet and has hit some more heavy turbulence in 2023 – but investors suspect a relatively gentle touchdown may[...]
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June 2, 2023
Japan’s govt will vow to end deflation with bold monetary, flexible fiscal policy -draft
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government will pledge to pull the economy out of deflation through bold monetary policy, flexible fiscal policy and a[...]
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German finance ministry steps up 2024 budget pressure on ministries
BERLIN (Reuters) – Germany’s Finance Ministry has informed the other ministries of what budget funds will be available to them next year, it said on Friday, stepping up the pressure in wha[...]
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US Congress averts historic default, approves debt-limit suspension
By Richard Cowan and Gram Slattery WASHINGTON (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion[...]
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World food prices fall to two-year low in May – UN food agency
PARIS (Reuters) -The United Nations food agency’s world price index fell in May to its lowest in two years, as a slump in prices of vegetable oils, cereals and dairy outweighed increases for sug[...]
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RBA to hold rates at 3.85% in June, but may raise again soon
By Devayani Sathyan BENGALURU (Reuters) – Australia’s central bank will keep its key interest rate unchanged at 3.85% on Tuesday despite inflation well above the target range, according to[...]
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Germany leads big bond rally as inflation finally heads down
By Yoruk Bahceli (Reuters) -Germany is leading the biggest rally in global bond markets since March’s banking rout as cooling inflation and a weakening economy suggest European Central Bank rate[...]
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Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising expectations the Federal Reserve will stand still on interest rates in two weeks, and by re[...]
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BOJ’s Ueda keeps free hand, says no time frame for achieving price goal
By Leika Kihara TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the central bank did not have a set time frame for achieving its 2% inflation target due to uncertainty over the price ou[...]
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