Browsing: Economy

TOKYO — The pace of Japan’s consumer inflation slowed slightly in May due to declines in electricity prices. Overall consumer prices rose 3.2% from a year…

Investing.com — Fed chair Jerome Powell heads to the Senate later Thursday for the second day of his congressional testimony. The Bank of England is widely…

Deals in the defense and tech sectors were announced as Indian Prime Minister Narendra Modi met President Joe Biden at the White House for a high-profile…

FRANKFURT (Reuters) – The Federal Reserve and the European Central Bank may mop up as much as 90% of the money they pumped into banks over…

The amount of money that banks are borrowing from the Federal Reserve rose slightly last week to mark the seventh increase in a row, indicating that…

BERLIN (Reuters) – The German government has loosened its requirements for export credit guarantees for companies doing business with Ukraine in an effort to shore up…

A top-secret U.S. Navy listening system detected the implosion of the tourist submersible Titan shortly after its disappearance Sunday, the Wall Street Journal reported Thursday. According…

By Victoria Klesty OSLO (Reuters) -Norway’s central bank raised its key policy rate by 50 basis points (bps) to a 15-year high of 3.75% on Thursday…

Has the Federal Reserve done enough to bring inflation back to target, or does it need to do more? Richmond Fed President Tom Barkin said Thursday…

By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank kept its benchmark interest rate steady at 6.25% for a second…