Browsing: Economy

SYDNEY (Reuters) – Australia’s top central banker on Friday warned there was still some way to go to meet the midpoint of the inflation target range…

The numbers Wholesale costs rose in January at the fastest pace in five months, possibly another sign that inflation won’t slow toward the Federal Reserve’s 2%…

By Leika Kihara TOKYO (Reuters) -The Bank of Japan can avoid upending global markets with its policy shift by moving gradually when raising interest rates and…

U.S. government debt sold off on Friday, pushing yields to their second-highest levels of 2024, after hotter-than-expected producer-price data created more inflation concerns.What happened The yield…

By Leika Kihara TOKYO (Reuters) -The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest…

The numbers: U.S. mortgage applications plunged in the latest week as mortgage rates rose over 7% as hopes fade for a near term interest rate cut…

By Tetsushi Kajimoto TOKYO (Reuters) – Japanese steelmakers’ labour unions are pushing for a base pay increase of 30,000 yen ($201) a month to ensure workers’…

More Federal Reserve officials are concerned about cutting interest rates too quickly than are worried about going too slowly, according to minutes of the Fed’s late…

By Timour Azhari BAGHDAD (Reuters) – The Central Bank of Iraq (CBI) has revoked the operating licence of Iran’s largest bank, Bank Melli Iran, citing international…

Investors are in love with Goldilocks right now. They might be better off watching for the return of Disco Duck, according to a team of Wall…