Browsing: Economy

On Friday, Klaas Knot, a member of the European Central Bank (ECB) Governing Council, expressed support for the current monetary policy during a panel discussion in…

In a notable departure from its usual practice, the Nobel committee in Sweden has this year awarded the economics prize to someone who is actually interesting…

LONDON (Reuters) -High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in debt…

Wholesale inventories in the U.S. fell 0.1% in August, the Commerce Department said Tuesday.  This is the sixth straight monthly decline. The drop in August matched…

By Ismail Shakil, Steve Scherer and Nivedita Balu OTTAWA (Reuters) -Canada’s economy more than tripled expectations by adding 63,800 jobs in September and wages continued to…

President Joe Biden on Monday convened a call with the leaders of France, Germany, Italy and the United Kingdom — which with the U.S. compose the…

(Reuters) – The Federal Reserve will release the minutes of its upcoming Oct. 31-Nov. 1 meeting on Tuesday Nov. 21, instead of the Wednesday of that…

On Friday, the U.S. nonfarm payroll report for September showcased an unexpected increase of 336,000 jobs, leading to increased speculation about a potential Federal Reserve rate…

The International Monetary Fund on Tuesday kept its forecasts for limp economic growth this year and next largely unchanged. The IMF forecast global growth of 3%…

Michael Patra, Deputy Governor of the Reserve Bank of India (RBI), underscored a rise in absolute financial savings in India by 14% for 2023. However, he…