Reopened Strait of Hormuz, oil price decline may recast Fed’s options for future rate cuts
By Howard Schneider and Ann Saphir WASHINGTON, April 17 (Reuters) – Reopened Middle East shipping and plummeting oil prices on…
Category: Economy
State Street’s profit rises on robust fee income
April 17 (Reuters) – State Street reported a rise in first-quarter profit on Friday, as market volatility lifted the custody…
Fed’s Logan sees room to lower reserves, expects uptick in SRF use next month
By Ann Saphir (Reuters) -Dallas Federal Reserve President Lorie Logan on Monday said she feels the U.S. central bank has…
Fed’s Bostic still sees a single rate cut this year, amid uncertainty
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that he…
Instant View: Canada’s economy sheds 40,800 jobs in July
TORONTO (Reuters) – Canada’s economy shed 40,800 jobs in July and the jobless rate held steady at the multi-year high level…
Factbox-Indian textiles, jewellery at risk of 50% Trump tariffs; pharma, phones exempt
NEW DELHI (Reuters) -U.S. President Donald Trump imposed an additional 25% tariff on goods imported from India this week, citing…
Japan’s Topix hits record high on Wall Street rally, solid earnings
By Junko Fujita TOKYO (Reuters) -Japan’s Topix index touched a record high on Thursday, tracking strong overnight gains on Wall…
Argentina’s economy expected to grow 5.8% y/y in May: Reuters poll
By Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s economic activity likely expanded 5.8% year-on-year in May, marking its eighth-consecutive month of…
Slow rate hikes could cause wage-price spiral, BOJ paper says
By Leika Kihara TOKYO (Reuters) -Hiking interest rates only gradually as raw material costs rise could heighten the risk of…
China shifts from developing world’s banker to debt collector, says Lowy Institute
SYDNEY (Reuters) -The world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended…