Browsing: Economy

SINGAPORE (Reuters) – In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. The…

The numbers: Builder confidence rose in December for the first time in five months as mortgage rates fell. Builder confidence increased as rates fell roughly 50…

The numbers: The cost of imported goods fell 0.4% to mark the second decline in a row, contributing to a slowdown in U.S. inflation more broadly. Economists…

By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied,…

Senior Federal Reserve officials are by no means unanimous about the central bank’s December forecast showing three cuts in U.S. interest rates in 2024. Neither is Wall…

By Nivedita Balu TORONTO (Reuters) – The Bank of Canada’s warning that borrowing costs are likely to stay higher-for-longer has prompted anxious mortgage owners to turn…

Federal Reserve Chair Jerome Powell said Wednesday it was too early to declare victory over inflation, but financial markets have effectively declared victory for him. Some…

By Miranda Murray and Rene Wagner BERLIN (Reuters) – German business morale improved for a third straight month in November, the Ifo institute said on Friday…

Inflation is likely to continue to slow over the next two years and approach the Federal Reserve’s target rate of 2%, according to projections released Friday…

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has decided to veto a bill which was set to extend a payroll tax exemption to…