By Ann Saphir (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday he sees little evidence that the U.S. central bank’s aggressive monetary policy tightening is slowing in[...]
Read more
Articles written by Reuters
Nigeria’s debt service costs to remain elevated in medium term -Fitch
By MacDonald Dzirutwe LAGOS (Reuters) – Nigeria’s debt service costs will remain elevated in the short to medium term, which will hobble the country’s ability to use fiscal policy to[...]
Read more
Slowed producer prices another plus for Fed’s inflation fight
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key components registering an out-and-out decline, another sign inflation m[...]
Read more
Fed’s Harker: better to pause rate hikes at the right time than risk overtightening
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive level to bring inflation on a path back down toward the central bank[...]
Read more
Spanish truckers suspend strike, citing ‘harassment campaign’ by authorities
MADRID (Reuters) – A group representing part of Spain’s truck drivers said on Tuesday it was suspending an indefinite strike a day after it started. The unofficial Platform for the Defence[...]
Read more
Oct PPI adds to relief over cooling US inflation
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose 0.2% la[...]
Read more
Fed focused on addressing ‘much too high’ inflation: Cook
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on addressing inflation that is “much too high”, and businesses and elec[...]
Read more
Canadian home sales edge up 1.3% in October
OTTAWA (Reuters) – Canadian home sales rose 1.3% in October from September, the first month-over-month gain since February, data from the Canadian Real Estate Association showed on Tuesday. The[...]
Read more