Fed’s Paese says more data on inflation is needed before bank weighs another rate hike
The interim president of the St. Louis Federal Reserve Bank said the U.S. central bank “can afford to wait for...
Economy
Reuters NEXT-US banking execs on geopolitical risks, soft landing
(Reuters) -Top U.S. banking executives warned that geopolitical tensions pose a major risk to economic growth, and could upset the...
Opinion: Third Republican presidential debate showed that no candidate is addressing financial markets’ growing concerns
With two months before the Iowa caucuses and three months before the New Hampshire primary, there’s now a real race...
ECB holds interest rates steady amid inflation concerns
The European Central Bank (ECB) Governing Council has maintained its three key interest rates, according to an announcement made on...
Janet Yellen warns that decoupling from China would be ‘economically disastrous’
Treasury Secretary Janet Yellen said on Thursday during a pivotal meeting with her Chinese counterpart that a full separation of...
Opinion: As Americans moved during the pandemic, they took their income with them. Here are the big winners and losers.
“States, cities and counties on the losing end of the migration have fewer tax dollars to spend.” The coronavirus pandemic...
Canada govt to release annual fall economic statement on Nov. 21
OTTAWA (Reuters) - The Canadian government will release its annual fall economic statement (FES) on Nov. 21, the finance ministry...
Fed’s Powell warns of inflation ‘head fakes,’ signals more rate hikes are possible
Federal Reserve Chair Jerome Powell on Thursday struck a cautious note about the central bank's fight against inflation, warning that...
Powell says Fed is wary of ‘head fakes’ from inflation
Federal Reserve officials are “gratified” with the progress made so far on bringing down U.S. inflation, but are not yet...
Fed’s Paese highlights potential economic risks and inflation concerns
St. Louis Federal Reserve's interim president, Kathleen O’Neill Paese, voiced concerns about the current economic uncertainty and potential inflation spikes...
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