By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment fell for the first time in four months in March, but households expected inflation to subside over the next year and beyond, whic[...]
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March 17, 2023
Analysis-As worries over banks swirl, investors seek protection against market crash
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are increasingly seeking insurance against a sudden crash in stocks, fearing that more tumult is in store for markets after worries over the b[...]
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U.S. consumer sentiment ebbs in March; inflation expectations fall
WASHINGTON (Reuters) – U.S. consumer sentiment fell for the first time four months in March, though households expected inflation to subside over the next 12 months and beyond, a survey showed o[...]
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Actions giving banks more time to address organization, US’s Adeyemo says
WASHINGTON (Reuters) – Global markets will need time to process actions by regulators and banks this week, U.S. Deputy Treasury Secretary Wally Adeyemo told CNBC on Friday, adding that U.S. offi[...]
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Two ECB hawks call for more rate hikes despite banking turmoil
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank needs to keep raising interest rates because underlying price growth is sticky, two policymakers seen as hawkish s[...]
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Investors pile into cash but “no equity capitulation” – BofA
By Lucy Raitano LONDON (Reuters) – Investors snapped up cash at the highest weekly rate since April 2020 in the week to March 15, according to BofA Global Research on Friday, against a tumultuou[...]
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Japan’s labour unions confirm average wage hikes of 3.8%, a three decade high
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s major companies have concluded their annual labour talks with average wage hikes of 3.8% for the coming fiscal year, the largest[...]
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China cuts banks’ reserve ratio for first time in 2023 to aid recovery
By Ellen Zhang and Kevin Yao BEIJING (Reuters) -China’s central bank said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year to help keep liq[...]
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OECD hikes growth outlook, but warns recovery fragile
By Leigh Thomas PARIS (Reuters) – The global economic outlook has improved from a few months ago as the inflation shock eases but rising interest rates will keep risks high, the OECD said on Fri[...]
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