MADRID (Reuters) – The European Central Bank still needs to raise its interest rates further and then leave them in restrictive territory for a while to bring inflation down to its medium-term g[...]
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May 22, 2023
IMF sees slower Dominican Republic growth at 4% in 2023
MEXICO CITY (Reuters) – The Dominican Republic’s economy is expected to grow around 4% in 2023, the IMF said on Monday, slowing from the 4.9% rise in 2022. The economy is “one of the[...]
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Fed’s Daly offers no hint on prospect of June rate hike
By Michael S. Derby NEW YORK (Reuters) -San Francisco Federal Reserve President Mary Daly on Monday said it’s too soon to say whether the U.S. central bank will raise interest rates at its June[...]
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Brazil economists lower inflation forecasts, but still too high for central bank
By Luana Maria Benedito and Gabriel Araujo SAO PAULO (Reuters) -Private economists in Brazil lowered their expectation for the country’s inflation index this year, but the move failed to impress[...]
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Fed’s Daly: Expects unemployment rise as price of controlling inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said it would be quite surprising for the central bank to get inflation under control[...]
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Inflation has eroded U.S. households’ financial security, Fed survey shows
(Reuters) -The inflation wave that crested at a 40-year high last year and remains elevated has eroded U.S. households’ sense of financial security, the Federal Reserve reported Monday, with man[...]
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Ghana central bank keeps lending rate at 29.5%
ACCRA (Reuters) – Ghana’s central bank kept its main interest rate unchanged at 29.5%, Governor Ernest Addison said on Monday. The cocoa, gold and oil-producing West African nation is grap[...]
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Foreign investment in Germany steady in tough environment
BERLIN (Reuters) -Foreign investment in Germany was stable in 2022, data from Germany Trade & Invest (GTAI), showed on Monday, although the body’s head said it could be a challenge to retain[...]
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‘Close call’ on US June rate hike or pause, says Fed’s Kashkari-CNBC
(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said on Monday it was a “close call” on whether he would vote to raise interest rates at the central bank’s meeting nex[...]
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