By Michael S. Derby NEW YORK (Reuters) – Some economists are challenging the view central to some Federal Reserve officials that once the current inflation surge and resulting rate tightening ha[...]
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June 7, 2023
Brazil’s inflation falls to more than 2-year low amid calls for rate cuts
By Gabriel Araujo SAO PAULO (Reuters) – Consumer prices in Brazil decelerated more than expected in May, government data showed on Wednesday, with 12-month inflation hitting its lowest level in[...]
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European stocks close lower, Inditex shines on strong earnings
By Shreyashi Sanyal and Sruthi Shankar (Reuters) -European stocks slipped on Wednesday, dented by healthcare stocks and concerns about the outlook for interest rates in the euro zone, although a stron[...]
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Man Group CEO says central banks have made little difference to inflation
By Nell Mackenzie and Chiara Elisei LONDON (Reuters) – Hedge fund Man Group Chief Executive Luke Ellis believes central banks have not tamed inflation and threats to the broader economy persist,[...]
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US trade deficit widens to 6-month high, expected to dent economic growth
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit widened by the most in eight years in April as imports of goods rebounded while exports of energy products declined, a trend that[...]
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Yellen says U.S. inflation easing as some sectors slow, labor market strong
By Susan Heavey and David Lawder WASHINGTON (Reuters) -The U.S. economy is strong amid robust consumer spending but some areas are slowing down, U.S. Treasury Secretary Janet Yellen said on Wednesday,[...]
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Fed seen on hold in June, but one-third of economists expect a hike soon
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) -The U.S. Federal Reserve will not raise interest rates for the first time in well over a year at its June 13-14 meeting, according to economists[...]
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Canada’s export volumes hit all-time high in April
By Ismail Shakil and Fergal Smith OTTAWA (Reuters) -Canada’s exports jumped 2.5% in April and hit an all-time high by volume, while imports declined 0.2% partly because of a fall in energy produ[...]
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Ghana sends debt rework proposal to official creditors: sources
By Maxwell Akalaare Adombila and Jorgelina do Rosario ACCRA/LONDON (Reuters) – Ghana has sent a debt restructuring proposal to its official creditors, two sources with direct knowledge of the ma[...]
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