Browsing: Economy

President Joe Biden will meet with his Chinese counterpart Xi Jinping near San Francisco Wednesday, and hanging over the summit is the threat of war over…

Global investment firms are offering varied perspectives on the economic outlook for 2024, with Goldman Sachs projecting global growth driven by strong real household income and…

The Democratic-run Senate has approved a short-term funding measure that prevents a partial government shutdown from hitting this weekend, with the vote coming after the Republican-controlled…

The October consumer inflation data show that progress continues on bringing inflation down, but price pressures remain well above the Fed’s preferred level, Chicago Federal Reserve…

SYDNEY – Michele Bullock, speaking at the Australian Business Economists Annual Dinner on Wednesday, highlighted the burgeoning costs within Australia’s service sector. She specifically noted areas…

Inflation can continue to decline without a sharp increase in unemployment — a so-called soft-landing — a top Federal Reserve official said Thursday. “I believe a…

By Libby George and Rachel Savage LONDON/JOHANNESBURG (Reuters) – The collapse of Zambia’s $3 billion bond rework deal this week is reverberating well beyond the country’s…

The focus in financial markets about interest-rate cuts is premature, Cleveland Federal Reserve President Loretta Mester said Thursday. Easing monetary policy “is just not part of…

BUENOS AIRES (Reuters) – Argentina’s President-elect Javier Milei said on Friday that the closure of the country’s central bank, a signature campaign pledge, was a “non-negotiable…

The Federal Reserve should wait and see how the economy develops given the high uncertainty surrounding the outlook for the U.S. economy, San Francisco Fed President…