Browsing: Economy

By Ali Kucukgocmen and Jonathan Spicer ISTANBUL (Reuters) – Turkey’s central bank hiked its key interest rate by a larger-than-expected 750 basis points to 25% on…

Federal Reserve Chair Jerome Powell on Friday said the central bank remains unsure of whether more interest rate hikes are needed. In a speech kicking off…

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Philadelphia President Patrick Harker doubts the U.S. central bank will need to raise interest rates…

Federal Reserve Chair Jerome Powell on Friday said that the central bank is aware that rent growth is slowing down across the nation, but that it…

Federal Reserve Chair Jerome Powell on Friday struck a hawkish tone during the annual central bank gathering in Wyoming: Inflation remains too high, and additional interest…

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina’s leading conservative presidential candidate Patricia Bullrich said on Thursday that the country’s strict capital controls were an “instrument…

U.S. stocks so far haven’t fared as well under President Joe Biden as they did in Donald Trump’s single term or in either of Barack Obama’s…

BEIJING/JOHANNESBURG (Reuters) -BRICS nations should strengthen cooperation on cross-border payment, a Chinese foreign ministry official said on Thursday, the final day of a three-day BRICS summit…

NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins said Thursday the central bank may be in a place where it doesn’t need…

Former President Donald Trump turned himself in at Georgia’s Fulton County jail on Thursday evening, with this latest move in his numerous legal fights standing out…