Browsing: Economy

The numbers: U.S. industrial production fell 0.2% in May after two straight months of gains, the Federal Reserve reported Thursday. The decline was below expectations of…

By David Lawder MANDEVILLE, Jamaica (Reuters) -World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right…

The numbers: Sales at retailers rose 0.3% in May and showed surprising resilience, underscoring the durability of the current U.S. economic expansion. Sales had been forecast…

The Federal Reserve warned Friday that tighter U.S. credit conditions following a spate of bank failures in the spring could hinder economic growth this year.  In…

WASHINGTON (Reuters) – U.S. import prices fell in May and the annual decrease in prices was the sharpest in three years, providing another boost for the…

The Beyhive gets everywhere, including, of course, Sweden’s inflation data. Sweden’s inflation data, released Wednesday, showed that year-over-year prices slowed to 9.7% in May from 10.5%…

LONDON (Reuters) -The European Central Bank raised interest rates for the eighth successive time, as expected, on Thursday and signalled further policy tightening, as it battles…

The numbers: The cost of imported goods fell in May for the fourth time in the past five months and continued to put downward pressure on U.S.…

FRANKFURT, June 15 (Reuters) – The European Central Bank raised its key interest by 25 basis points on Thursday to 3.5% and left the door open…

The European Central Bank on Thursday lifted interest rates by a quarter of a percentage point, as expected. And ECB President Christine Lagarde made clear policy…