Economy News

By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Friday the central bank will "very likely" be raising interest rates if underlying inflation...

By Chuck Mikolajczak NEW YORK (Reuters) -The Nasdaq and the S&P 500 ended lower on Friday as Netflix (NASDAQ:NFLX) shares weighed, but American Express (NYSE:AXP) kept the Dow...

By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) -Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the...

By David Lawder and Andrea Shalal (Reuters) -The International Monetary Fund's steering committee failed to issue a joint communique on Friday amid disagreements over wars in the...

By Marcela Ayres WASHINGTON (Reuters) - Bank of Mexico Deputy Governor Jonathan Heath said on Friday the benchmark interest rate is likely to remain unchanged for longer than...

(Reuters) - Some 1,804 depository institutions tapped the emergency lending facility set up last March in the wake of Silicon Valley Bank's collapse, amounting to about 20% of all...

By Andrea Shalal and David Lawder WASHINGTON (Reuters) - Shareholders of the International Monetary Fund agreed this week on the importance of addressing challenges faced by...

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signaled it has no plans to retaliate against...

By Manya Saini and Jaiveer Shekhawat (Reuters) - U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and...

FRANKFURT (Reuters) - Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB...

By Leika Kihara WASHINGTON (Reuters) - The success of Japan and South Korea at inserting language voicing concern over their currencies in a joint statement with the U.S. this...

WASHINGTON (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday authorities would take appropriate action against excessive currency market moves, repeating his...

By Rodrigo Campos (Reuters) - Stronger macroeconomic policy is partly behind the resilience of economies across Latin America and the Caribbean, the International Monetary Fund...

By Federico Maccioni DUBAI (Reuters) - Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand...

By Howard Schneider and Cynthia Kim WASHINGTON (Reuters) - South Korea's central bank chief on Friday said odds for any further policy action to stabilize the slumping Korean won...

By Leika Kihara WASHINGTON (Reuters) - The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2%...

By Shristi Achar A (Reuters) - Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a...

By Nell Mackenzie LONDON (Reuters) - Hedge funds globally have turned the most bearish they've been on equities this year, a Goldman Sachs note said, as sticky inflation and...

By Jamie McGeever ORLANDO, Florida (Reuters) - Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most senior policymakers that U.S....

WASHINGTON (Reuters) -Bank of England Deputy Governor Dave Ramsden said on Friday that the risk of British inflation getting stuck too high had receded and it might prove weaker...

By Ann Saphir (Reuters) -Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S....

By Mehnaz Yasmin and Niket Nishant (Reuters) -American Express's first-quarter profit vaulted past estimates on Friday thanks to its affluent customers, and the company is looking...

(Reuters) - Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively...

By Sourasis Bose and Arathy Somasekhar HOUSTON (Reuters) -Top oilfield services firm SLB reported a 14% rise in first-quarter profit on Friday, in line with analysts' estimates,...

By Alexandra Ulmer and Jason Lange (Reuters) - Republican presidential candidate Donald Trump is using his hush money trial to squeeze his loyal army of small donors and...

By Francesco Canepa WASHINGTON (Reuters) - Italy and France should cut spending faster than they currently plan to keep debt under control while Germany should loosen its own...

By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) - Procter & Gamble (NYSE:PG) raised its annual profit forecast on lower commodity costs and as consumers, particularly in...

(Reuters) - U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a...

By Rachel Savage and Karin Strohecker JOHANNESBURG/WASHINGTON (Reuters) - Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic...

(Reuters) - Global equity funds saw a jump in outflows in the seven days through April 17 as speculation the U.S. Federal Reserve will delay cutting interest rates dampened...

By Lucy Raitano and Dhara Ranasinghe LONDON (Reuters) - Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world...

By Satoshi Sugiyama TOKYO (Reuters) - The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear...

By Lewis Krauskopf NEW YORK (Reuters) - Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S....

By David Morgan WASHINGTON (Reuters) - U.S. House Speaker Mike Johnson looks set to push forward this weekend on a $95 billion aid bill for Kyiv, Israel and other allies, despite...

MOSCOW (Reuters) - Russian banks' profits fell marginally in March to 270 billion roubles ($2.89 billion), slightly lower than the month before, the central bank said on Friday....