News
ECB has not made its mind up on rates, Lagarde says
5+ day, 9+ hour ago (294+ words) FRANKFURT, April 14 (Reuters) " The European Central Bank has not made its mind up on whether to raise interest rates as the fallout of the "Iran war on the euro zone's economy is "still unclear, ECB President Christine Lagarde said on…...
IMF urges BOJ to keep raising rates even as Iran war poses new risks
2+ week, 1+ day ago (419+ words) TOKYO, April 4 (Reuters) " The International Monetary Fund urged the Bank of Japan to continue raising interest rates, even as the Middle East war posed "significant new risks" to the country's economic outlook. The proposal comes amid "market expectations the BOJ…...
Stronger, broader hiring could ease Fed job market worries
2+ week, 2+ day ago (606+ words) WASHINGTON, April 3 (Reuters) " Hiring that strengthened and broadened in March will likely cement the U. S. Federal Reserve's plans to keep interest rates on hold for the foreseeable future, easing concerns about a weakening labor market and keeping policymakers focused on whether…...
BOJ keeps rate'hike door open even as Iran war squeezes firms
2+ week, 2+ day ago (585+ words) TOKYO, April 3 (Reuters) " The Bank of Japan will keep raising interest rates if its economic forecasts hold, a senior central bank official said, reinforcing a tightening bias even as fresh surveys show firms feeling the pinch of rising fuel costs…...
Bank of England's Greene says she was not close to raising rates this month
3+ week, 4+ day ago (488+ words) LONDON, March 25 (Reuters) " Bank of England policymaker Megan Greene said on Wednesday she had not been close to voting to raise borrowing costs at last week's interest rate-setting meeting, which was dominated by the economic hit from the "conflict in…...
UK retail sales tumble in March by most since 2020, CBI says
3+ week, 5+ day ago (230+ words) LONDON, March 24 (Reuters) " British retail sales have tumbled this month by the most since April 2020 when most non-food "shops were closed at the start "of the COVID-19 pandemic, a survey showed on Tuesday. The Confederation of British Industry's said its…...
Turkish central bank total reserves fell nearly $6 billion last week, bankers say
1+ mon, 3+ week ago (14+ words) KELO. com...
Global euro" may have to come with some FX lift: Mike Dolan
2+ mon, 2+ day ago (14+ words) KELO-AM...
SD unemployment rate inches higher
3+ mon, 4+ day ago (136+ words) KELO-AM SD unemployment rate inches higher PIERRE, SD (KELO. com) " South Dakota's unemployment rate moved up slightly in November, but it's still very low at 2. 1-percent. The State Labor Department says information on October's numbers aren't available because of the…...
Explainer-How Trump's proposed cap on credit card rates could reshape consumer lending
3+ mon, 1+ week ago (686+ words) Jan 12 (Reuters) " A proposed one-year cap on credit card interest rates backed by U. S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits and reshape the economics of consumer lending. Trump called…...