News
New Bank of Korea board member says inflation worries are heightening | 1330 & 101. 5 WHBL
16+ hour, 38+ min ago (122+ words) SEOUL, May 15 (Reuters) " South Korea's newly appointed central bank board "member, Kim Jin-ill, "said on Friday inflation worries had heightened due to high oil prices "sparked "by the "Middle East conflict. Kim "said economic conditions were improving led by the…...
Putin says measures taken to boost Russian economy are working | 1330 & 101. 5 WHBL
14+ hour, 40+ min ago (147+ words) Putin says measures taken to boost Russian economy are working whbl. com Putin says measures taken to boost Russian economy are working MOSCOW, May 15 (Reuters) " Russian President Vladimir Putin said on Friday "that measures undertaken by the government to boost…...
Fed's Barr says wrong to lower liquidity rules to shrink Fed holdings
1+ day, 1+ hour ago (635+ words) NEW YORK, May 14 (Reuters) " Federal Reserve Governor Michael Barr said Thursday that lowering banks" liquidity rules to reduce the size of the central bank"s balance sheet is a bad idea and could undermine the safety of the financial system....
Fed's Williams sees no need to change rate policy right now
1+ day, 8+ hour ago (318+ words) NEW YORK, May 14 (Reuters) " Federal Reserve Bank of New York President John Williams said on Thursday he does not see a need right "now for the central bank to weigh any change "in interest rate policy amid the uncertainty created…...
Fed chair nominee Warsh set to get US Senate nod as inflation intensifies
2+ day, 10+ hour ago (593+ words) By Howard Schneider and Ann Saphir May 13 (Reuters) " The U. S. Senate is expected to confirm Kevin Warsh as chair of the Federal Reserve on Wednesday, putting the 56-year-old lawyer and financier at the helm as the U. S. central bank grapples with intensifying…...
Most US adults say finances in good shape but job worries tick up, Fed survey shows
2+ day, 16+ hour ago (41+ words) By Dan Burns May 13 (Reuters) - Nearly three-quarters of U. S. adults last year continued to rate their personal finances as being in reasonable shape, although they remained concerned about inflation and "their worries about job security ticked up, an. .....
US producer prices post biggest gain in four years in April
2+ day, 15+ hour ago (40+ words) WASHINGTON, May 13 (Reuters) - U. S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid "the war with Iran. The Producer Price Index for final d. .....
German inflation confirmed at 2. 9% in April | 1330 & 101. 5 WHBL
3+ day, 20+ hour ago (69+ words) German inflation confirmed at 2. 9% in April whbl. com German inflation confirmed at 2. 9% in April BERLIN, May 12 (Reuters) " German "inflation accelerated slightly to 2. 9% in "April, "the federal "statistics office said on Tuesday, "confirming preliminary "data. Inflation, "or "the gain "in consumer…...
Kremlin says the Russian government has ensured economic stability despite growth forecast downgrade
3+ day, 15+ hour ago (292+ words) MOSCOW, May 12 (Reuters) " The Kremlin said on Tuesday that the Russian government had taken the necessary measures to ensure economic stability despite Moscow being forced "to slash its economic growth forecast for 2026. New "forecasts by Russia's Economy Ministry lowered estimates…...
India inflation remains modest in April at 3. 48% but energy risks grow
3+ day, 12+ hour ago (486+ words) By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI, May 12 (Reuters) " India's retail inflation rose marginally to 3. 48% in April, driven by dearer food prices, government data showed on Tuesday, but the outlook remains clouded by risks from rising energy costs…...