Economy News

(Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester sees no "compelling" reason to wait to implement another interest rate hike, Financial Times reported on...

By Stella Qiu SYDNEY (Reuters) -Australia's central bank will do whatever it takes to bring inflation under control, its governor said on Wednesday, warning households to brace...

By Lewis Jackson SYDNEY (Reuters) -The Reserve Bank of Australia will not sign any new contracts with PricewaterhouseCoopers (PwC) Australia until a scandal over the firm's misuse...

By Leika Kihara TOKYO (Reuters) - Global central banks may already be facing a new economic environment where inflation and interest rates will no longer revert to the low levels...

WASHINGTON (Reuters) - A bill to suspend the $31.4 trillion U.S. debt ceiling and avert a disastrous default advanced on Tuesday when a key House of Representatives committee...

By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan (BOJ) may raise short-term interest rates early next year if sustained wage growth becomes a real prospect,...

By Manoj Kumar NEW DELHI (Reuters) - India is set to release data on Wednesday that is expected to show the economy grew by 5% in the January-March quarter from a year earlier,...

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Congressional Budget Office said on Tuesday its budget deficit projections would be reduced by about $1.5 trillion over the next...

By David Shepardson WASHINGTON (Reuters) - The U.S. government is closely scrutinizing exports to China and last year denied or took no action on a quarter of requests in order to...

By David Shepardson WASHINGTON (Reuters) - The White House said on Tuesday that President Joe Biden is withdrawing the nomination of the acting head of the National Highway...

By Lucy Craymer WELLINGTON (Reuters) - New Zealand companies will start to benefit from the country’s new free trade agreement (FTA) with the United Kingdom with the pact now in...

LONDON (Reuters) - The cost of insuring exposure to a U.S. debt default fell further on Tuesday, reflecting investor optimism over a tentative deal by U.S. lawmakers to raise the...

By Bart Meijer AMSTERDAM (Reuters) - The Netherlands is set for a major overhaul of its 1.45 trillion euro ($1.6 trillion) private pension industry, Europe's largest, that will see...

BOGOTA (Reuters) - Colombia's central bank could call time on its upward monetary cycle after inflation in Latin America's fourth-largest economy slowed in May, bank board chief...

(Bloomberg) -- Citigroup Inc (NYSE:C). has begun to see signs of a rebound in investment banking, with an agreement to avert a US debt default poised to further boost deal...

By Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak will hold talks with U.S. President Joe Biden next week when they will discuss improving economic ties and...

PARIS (Reuters) - France backs the ongoing talks between Tunisia and the International Monetary Fund, the foreign ministry said on Tuesday, as the cash-strapped North African...