UK economy makes slow start to 2023 as inflation headwinds persist
UK GDP grows 0.1% in Q1 2023, matching forecastsEconomy unexpectedly shrank by 0.3% in MarchStrikes and weak retail weigh on...
archiveEF:MARKETS-MACROMATTERS
Analysis: Sterling’s star may fade as focus shifts to squeeze on UK economy
Pound best performing G10 currency vs USD in 2023Headwinds ahead as rate hikes biteNo longer attractive in short-term -analystsLONDON, May...
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
China's use of yuan to buy Russian commodities surges since Ukraine warSpeeds China's quest to internationalise yuan, but still long...
Fed raises rates, opens door to pause in tightening cycle
Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
Banking mess, Fed among worries threatening calm stretch in US stocks
NEW YORK, May 3 (Reuters) - The calm that has prevailed in the U.S. equity market may be starting to...
US labor market softens as job openings drop, layoffs at highest level in over 2 years
Job openings drop 384,000 in March; February revised upLayoffs and discharges increase 248,000 to 1.8 millionDecline in job openings concentrated...
White House: Fed interest rates having negative effect on banking
WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
US consumer spending flattens; core inflation still hot
Consumer spending unchanged in MarchCore PCE price index rises 0.3%; up 4.6% year-on-yearWages, salaries increase 1.2% in first quarterWASHINGTON, April...
EU sees urgency in bolstering bank resilience after turmoil
STOCKHOLM, April 28 (Reuters) - Last month's turmoil in the banking sector barely affected European Union lenders but there remains...
Return to pandemic hunger levels could signal economic fragility
ATLANTA, April 23 (Reuters) - As economists and investors scour data on inflation, jobs, housing, banking and other bellwether indicators...
