MortgagesYellen warns US default would threaten global economy, undermine its leadershipMay 11, 202348US Secretary of the Treasury Janet Yellen talks with Chair of the Board of Governors of the US Federal Reserve...
EconomyFed raises rates, opens door to pause in tightening cycleMay 3, 202334Central bank lifts rates by quarter of a percentage pointBenchmark overnight interest rate now in 5.00%-5.25% rangePowell says Fed still...
EconomyWhite House: Fed interest rates having negative effect on bankingMay 2, 202326WASHINGTON, May 2 (Reuters) - A top White House economist on Tuesday said Federal Reserve interest rate hikes aimed at...
EconomyEU converges on principles of new debt rules, no deal yet on detailsMarch 14, 202347BRUSSELS, March 14 (Reuters) - European Union finance ministers are converging on broad principles of a reform of Europe's fiscal...
EconomyUK faces record hit to living standards as tax hikes loomNovember 17, 2022101Britain facing record living standards hitUK economy in recession, set to shrink in 2024Almost half of 55 billion-pound belt-tightening from...
BankingIMF head admonishes UK officials over coherence of fiscal, monetary policiesOctober 13, 202258WASHINGTON, Oct 13 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Thursday rebuked Britain over its planned tax...