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Macroeconomics

A Fed on hold, for now, eyes strong jobs, easing inflation

By Howard Schneider WASHINGTON (Reuters) - At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their 2% target and...

Fed to hold rates steady at an unsteady moment

By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger story unfolding will be...

Probably time to invest in Europe, BlackRock's Fink tells Davos

DAVOS, Switzerland (Reuters) -There is too much pessimism around Europe and it could be time to be investing back in the region, BlackRock (NYSE:BLK) CEO Larry Fink said at the...

China 2024 fiscal revenue growth shrinks, non-tax income jumps

BEIJING (Reuters) -China's fiscal revenue in 2024 grew 1.3% from a year earlier, slowing sharply from a 6.4% rise in 2023, finance ministry data showed on Friday, as a protracted...

As Cuba-US relations sour, the island needs dollars more than ever

By Marc Frank HAVANA(Reuters) - Cash-starved Cuba this month opened the first grocery store to accept hard U.S. currency on the island in nearly two decades, the latest sign in a...

Stumbling growth and stubborn inflation: the BoE's rate cut challenge

By William Schomberg and Sumanta Sen LONDON (Reuters) - The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it...

Fed's rate-cut view set to test resurgent US stocks rally

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) - The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge...

Russians could face jail for divulging logistics of sanctioned goods

MOSCOW (Reuters) - A Russian draft law proposes punishment of up to seven years in prison and heavy fines for the public disclosure of information about the supply chains of...

Thailand and China to set up coordination centre to combat scam call networks

By Panarat Thepgumpanat and Panu Wongcha-um BANGKOK (Reuters) - Thailand and China will work together to combat fast-growing networks of illegal call centres along the Thai border...

World inflation not fully defeated yet, IMF's Georgieva says

(Reuters) - Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund...

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