Browsing: Economy

STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a quarter percentage point this week in a bid to bring down inflation further,…

The numbers: The U.S. economy was supposed to slow down sharply this year because of higher interest rates, but it grew at a solid 2% annual…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit in…

By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria could save up to 3.9 trillion naira ($5.10 billion) this year alone after reforms to its foreign…

MADRID — When it comes to getting the balance right on interest rates, the Federal Reserve isn’t quite there yet, Chairman Jerome Powell said at a…

MADRID (Reuters) -Spain will reimburse up to 15% of income tax to people who buy an electric vehicle (EV) before the end of the year to…

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistani Prime Minister Shehbaz Sharif said on Tuesday he hoped a bailout decision from the International Monetary Fund would…

Home prices are falling in major cities in the South, but don’t necessarily interpret that as a big opportunity to purchase a home. Nationwide, the median…

By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank signaled on Tuesday that a majority of its policymakers see a possibility of a “parsimonious” rate cut at…

(Bloomberg) — US new-home sales advanced in May to the fastest pace in over a year, bolstered by limited inventory in the resale market. Purchases of…