Browsing: Economy

By Nevzat Devranoglu and Karin Strohecker ANKARA/LONDON (Reuters) – Turkey’s latest massive interest rate hike has caught the attention of long-sceptical foreign investors who say they…

While the state of Florida braces for Hurricane Idalia, locals won’t just be looking for updates from local officials or the Weather Channel’s leading man Jim…

(Reuters) – Federal Reserve Chair Jerome Powell on Friday said the central bank may need to lift interest rates further to finish the job of lowering…

Investing.com — European Central Bank president Christine Lagarde on Friday called for higher-for-longer interest rates to achieve the central bank’s key objective of bringing inflation back…

The numbers: U.S. home prices rose in June, as demand to purchase housing outpaced the supply of for-sale listings. The S&P CoreLogic Case-Shiller 20-city house-price index…

By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) -Profound changes in how the global economy operates, from increased protectionism to energy transition, could create greater inflation volatility…

Investors who are skeptical about a “soft landing” for the U.S. economy think now is a good time to consider buying long Treasury bonds, particularly after…

Invesitng.com — Bank deposits fell for the second-straight week, while lending activity rebounded in the week ended Aug. 16, the latest data Friday from the Fed…

U.S. stocks closed sharply higher Tuesday, posting the third consecutive trading day of gains, following July job openings data that added more evidence of a cooling…

By Davide Barbuscia and David Randall NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell on Friday did little to dissuade markets from the “higher for longer”…