US inflation outlook brightens as underlying price pressures subside
Consumer spending increases 0.4% in AugustCore PCE price index gains 0.1%; up 3.9% year-on-yearPersonal income rises 0.4%; saving rate dips...
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UK business confidence slips in September: Lloyds Bank
LONDON, Sept 29 (Reuters) - British business confidence declined in September as optimism about the economic outlook faded, a survey...
US GDP growth unrevised at 2.1% in second quarter as economy shows resilience
Second-quarter GDP growth unrevised at 2.1%Inflation slows in second quarterWeekly jobless claims increase 2,000 to 204,000Continuing claims rise 12,000 to...
Partial US government shutdown just four days away as congressional standoff continues
WASHINGTON, Sept 27 (Reuters) - Republican U.S. House Speaker Kevin McCarthy on Wednesday rejected a stopgap funding bill advancing in...
US economy facing headwinds from possible government shutdown -White House
White House chief economist Jared Bernstein speaks about the impact of a looming government shutdown with Economic Policy Institute president...
US government shutdown would delay release of key economic data, official says
People shop in a supermarket as rising inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022....
Analysis: Inflation, budget risks await Polish vote winner
Risk of inconclusive Oct. 15 election loomsLarge rate cut ahead of ballot raises inflation risksEconomy strong, but medium-term fiscal pressures risingWARSAW, Sept 25 (Reuters) - Less than three weeks ahead of Poland's hotly contested general election, Warsaw pensioner Jadwiga Buczek is feeling better about a cost of living crisis which, for the past two years, has hit central Europeans harder than most."Let me tell you, there was a time when I couldn't even afford to buy salmon, for example. And now I'll go and buy myself a piece of salmon...
Citi warns UK staff of cuts as hundreds of roles could be affected – memo
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19,...
Euro zone firms finally absorbing wage pressures -ECB’s Lane
European Central Bank chief economist Philip Lane speaks during a lecture at the University of Cyprus in Nicosia, Cyprus April...
Fed’s hawkish stance spooks investors, though some say peak rates near
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing RightsNEW YORK, Sept 21 (Reuters) - The Federal Reserve’s plans for a prolonged period of elevated interest rates could continue pressuring stocks and bonds in coming months, though some investors doubt the central bank will stick to its guns.The U.S. central bank left interest rates unchanged on Wednesday, in line with market expectations. But policymakers bolstered their hawkish stance with a further rate increase projected by...