[ad_1] Weekly jobless claims increase 13,000 to 242,000 Continuing claims drop 38,000 to 1.805 million Productivity falls at 2.7% rate in first quarter WASHINGTON, May 4 (Reuters) – The number…
Tag: EF:MARKETS-MACROMATTERS
Fed’s Powell: don’t assume Fed can shield U.S. economy from debt limit default
[ad_1] WASHINGTON, May 3 (Reuters) – The U.S. Federal Reserve is unlikely to be able to protect the U.S. economy from the damage caused by a failure to raise the…
ECB to raise interest rates for a seventh time in inflation fight
[ad_1] Debate is between 25 and 50 bps hikes Markets, economists leaning towards smaller step Hike will be 7th straight increase Inflation remains too high and stubborn FRANKFURT, May 4…
Most Gulf central banks follow Fed and raise interest rates by 25bps
[ad_1] CAIRO/DUBAI, May 3 (Reuters) – Most Gulf central banks increased key interest rates on Wednesday after the U.S. Federal Reserve raised its target interest rate by a quarter of…
Fed delivers small rate hike, opens door to pause in tightening cycle
[ad_1] Central bank lifts rates by quarter of a percentage point Benchmark overnight interest rate now in 5.00%-5.25% range Powell says Fed still sees inflation as too high WASHINGTON, May…
US economic growth slows in first quarter as businesses draw down inventories
[ad_1] First-quarter GDP increases at a 1.1% rate Consumer spending accelerates; business investment tepid Weekly jobless claims fall 16,000 to 230,000 WASHINGTON, April 27 (Reuters) – U.S. economic growth slowed…
Fed’s Cook sees a less certain outlook for future of monetary policy
[ad_1] NEW YORK, April 21 (Reuters) – Federal Reserve Governor Lisa Cook said Friday that the outlook for the next stage of central bank monetary policy has grown less clear…
Services drive acceleration in German business activity in April – flash PMI
[ad_1] BERLIN, April 21 (Reuters) – German business activity expanded for a third month running in April, boosted by a services sector revival that more than offset a manufacturing decline…
Analysis: China’s ‘atypical’ deflation cycle gives central bank a headache
[ad_1] China’s economy gathers speed in Q1 but outlook is challenging Weak domestic and external demand fuel deflationary forces Monetary easing difficult as credit growth hits record BEIJING, April 19…
Exclusive: To measure progress on sovereign debt, look to actual deals -World Bank’s Malpass
[ad_1] WASHINGTON, April 13 (Reuters) – World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed for Ghana,…