Browsing: Economy

By Kevin Yao TIANJIN, China (Reuters) -Chinese Premier Li Qiang on Tuesday said China will take steps to boost demand, invigorate markets, promote development while accelerating…

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation has entered a new phase which could linger for some time, European Central Bank President…

The numbers: The number of Americans who applied for unemployment benefits last week fell to a one-month low of 239,000, indicating the U.S. labor market remains…

By David Milliken LONDON (Reuters) -Bank of England policymaker Swati Dhingra said there are “promising signals” for a further decline in British inflation, based largely on…

The U.S. Supreme Court has ruled against race-conscious programs at universities, handing a win to a group that argued that the institutions shouldn’t consider race in…

STOCKHOLM (Reuters) – Sweden’s central bank will hike its policy rate by a quarter percentage point this week in a bid to bring down inflation further,…

The numbers: The U.S. economy was supposed to slow down sharply this year because of higher interest rates, but it grew at a solid 2% annual…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit in…

By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria could save up to 3.9 trillion naira ($5.10 billion) this year alone after reforms to its foreign…

MADRID — When it comes to getting the balance right on interest rates, the Federal Reserve isn’t quite there yet, Chairman Jerome Powell said at a…