By Suban Abdulla LONDON (Reuters) – British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of for[...]
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April 11, 2023
Fed’s Harker wants interest rates to get above 5%, then sit
By Ann Saphir (Reuters) -Philadelphia Federal Reserve Bank President Patrick Harker on Tuesday said he feels the U.S. central bank may soon be done raising interest rates, a year into its most rapid m[...]
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Wall St ends mixed as inflation data comes into focus
By Stephen Culp NEW YORK (Reuters) – Wall Street stocks ended mixed on Tuesday, losing steam late in the session as investors awaited crucial inflation data and the unofficial kick-off of first-[...]
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G7 to discuss digital currency standards, crypto regulation
By Leika Kihara (Reuters) – Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriat[...]
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Marketmind: Calm before the U.S. inflation storm
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The world is bracing for U.S. inflation figures on Wednesday, but before that Asia gets to digest a mi[...]
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Euro zone inflation at risk of getting entrenched -ECB’s Villeroy
NEW YORK (Reuters) – Euro zone inflation is at risk of getting entrenched above 2% so the European Central Bank will keep fighting excessive price growth, even as its policy response is shifting[...]
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IMF flashes financial risk warnings but urges continued inflation fight
By David Lawder and Hannah Lang WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam glob[...]
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World stocks hope for Fed pause, dollar stalls
By Herbert Lash NEW YORK (Reuters) – A gauge of global stocks rose and bond yields edged higher on Tuesday as traders anticipate interest rates will soon peak even as the market bets that the U.[...]
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IMF warns deeper financial turmoil would slam global growth
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe[...]
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