Browsing: Economy

BERLIN (Reuters) – The German government has loosened its requirements for export credit guarantees for companies doing business with Ukraine in an effort to shore up…

A top-secret U.S. Navy listening system detected the implosion of the tourist submersible Titan shortly after its disappearance Sunday, the Wall Street Journal reported Thursday. According…

By Victoria Klesty OSLO (Reuters) -Norway’s central bank raised its key policy rate by 50 basis points (bps) to a 15-year high of 3.75% on Thursday…

Has the Federal Reserve done enough to bring inflation back to target, or does it need to do more? Richmond Fed President Tom Barkin said Thursday…

By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine central bank kept its benchmark interest rate steady at 6.25% for a second…

U.S. stocks fell across the board on Wednesday after Federal Reserve Chair Jerome Powell reiterated more rate hikes are on the way during congressional testimony.  Ticker…

By John Revill ZURICH (Reuters) -The Swiss National Bank raised its policy interest rate by 25 basis points on Thursday as the central bank pressed ahead…

The numbers: The leading economic index dropped 0.7% in May and declined for the 14th month in a row, but there’s still little evidence the U.S. is…

PARIS (Reuters) – Following are highlights of what world leaders said at a summit in Paris on Thursday to boost crisis financing for poor countries, reform…

Federal Reserve Gov. Michelle Bowman on Thursday said the central bank will need to raise interest rates again to snuff out high inflation. “We continue to…