Browsing: Economy
The numbers: Consumer sentiment crept up in early February to a 31-month high, fueled by slowing inflation and a strong job market. The first of two…
By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied,…
A day after January’s hotter-than-expected consumer-price index drew a strong response from financial markets, investors and traders were questioning whether that knee-jerk reaction was justified or…
By Nivedita Balu TORONTO (Reuters) – The Bank of Canada’s warning that borrowing costs are likely to stay higher-for-longer has prompted anxious mortgage owners to turn…
The numbers: The cost of imported goods jumped 0.8% in January, marking the first increase since last fall and the biggest rise in almost two years.…
By Miranda Murray and Rene Wagner BERLIN (Reuters) – German business morale improved for a third straight month in November, the Ifo institute said on Friday…
Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve president’s outlook. Atlanta Fed President Raphael…
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has decided to veto a bill which was set to extend a payroll tax exemption to…
So much for the inflation scare! The stock market’s dive after Tuesday’s U.S. consumer prices report came in hotter-than-expected has been swiftly recouped. Friday could see…
FRANKFURT (Reuters) – No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son…