News
Egypt economic outlook trimmed slightly due to Iran war: Reuters poll
3+ hour, 24+ min ago (517+ words) CAIRO, April 26 (Reuters) " Analysts have shaved their forecasts for Egyptian economic growth in a Reuters poll for this year and next as the Iran war drives up energy prices and puts pressure on inflation. Gross domestic product growth will be…...
Factbox-Key ECB policymaker comments in run up to April 30 meeting
1+ day, 22+ hour ago (602+ words) FRANKFURT, April 24 (Reuters) " The following are key comments from European Central Bank policymakers in the run-up to the April 30 meeting. Markets see rates remaining unchanged this time but expect the ECB to signal that rate hikes will stay on the…...
Soaring US stocks face pivotal week of tech-led earnings, Fed meeting
1+ day, 21+ hour ago (806+ words) NEW YORK, April 24 (Reuters) " A scorching U. S. stock rally faces a test from a mammoth week of corporate results led by major technology companies, along with a Federal Reserve meeting that could mark the end of Jerome Powell's tenure as head…...
Fannie, Freddie to accept "predictive" credit scores, US officials say
3+ day, 16+ hour ago (266+ words) By Pete Schroeder and Douglas Gillison WASHINGTON, April 22 (Reuters) " Housing finance giants Fannie Mae and Freddie Mac are now accepting additional credit scores that take "into account rent and utility payments, a U. S. "government official overseeing the agencies announced on Wednesday....
UK consumers turn gloomiest about economy since records began in 1978
3+ day, 18+ hour ago (302+ words) April 22 (Reuters) " British consumers are gloomier about the economy than at any time since records began in 1978, according to a survey published on Wednesday "that showed the Iran war and soaring oil "prices are taking a heavy toll on British…...
Warsh says he made no rate-cut promises to Trump, plans "robust" Fed reforms
5+ day, 6+ min ago (863+ words) WASHINGTON, April 21 (Reuters) " Federal Reserve chief nominee Kevin Warsh said on Tuesday he had made no promises to President Donald Trump about cutting interest rates, as he tried to assure U. S. senators mulling his confirmation to lead the U. S. central bank that…...
Fed chief nominee Warsh commits to central bank's independence, with limits
5+ day, 17+ hour ago (337+ words) WASHINGTON, April 20 (Reuters) " Kevin Warsh, U. S. President Donald Trump's nominee to lead the Federal Reserve, will tell lawmakers at his Senate confirmation hearing on Tuesday that he is "committed to ensuring that the conduct of monetary policy remains strictly independent," according…...
Fed nominee Warsh prepares for monetary policy road test before Senate panel
5+ day, 15+ hour ago (579+ words) WASHINGTON, April 20 (Reuters) " After more than a decade criticizing the U. S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate hearing on Tuesday when lawmakers will likely press the Fed chief nominee to flesh out…...
Fed chair nominee Warsh has big ideas. Here are some, in his own words
5+ day, 20+ hour ago (487+ words) April 20 (Reuters) " Kevin Warsh, picked by President Donald Trump to succeed Federal Reserve Chair Jerome Powell, has big plans for the central bank once he takes the helm. Regime change. A lower policy rate. A new approach to inflation. A…...
ECB to quiz bankers about risks of Anthropic's new AI model, source says
1+ week, 3+ day ago (526+ words) FRANKFURT, April 15 (Reuters) " European Central Bank supervisors are set to quiz bankers about the risks that Anthropic's new artificial intelligence model might supercharge cyberattacks, one source familiar with the situation told Reuters on Wednesday. Anthropic's Mythos is seen by cybersecurity…...