Economy - Page 6

By David Morgan WASHINGTON (Reuters) – A group of hardline Republicans has put new U.S. House Speaker Mike Johnson on notice that he can

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 European Central Bank (ECB) has cast a spotlight on a significant cybersecurity crisis within eurozone banks, revealing a staggering 360% surge in losses

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

By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Peronist Economy Minister Sergio Massa may be about to pull off a political miracle: win a

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

(Reuters) – Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed by elevated interest rates,

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

By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – On Berlin’s broad avenues, posters put up by desperate would-be tenants seeking accommodation have become

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