U.S. import prices drop further; inflation pressures easing
Import prices fall 0.6% in November; up 2.7% year-on-yearCore import prices drop 0.6%; rise 1.7% from year agoExport prices slip...
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Czech president appoints two new members to join central bank board in February
PRAGUE, Dec 14 (Reuters) - Czech President Milos Zeman appointed Jan Prochazka, the chairman of a state export insurance agency,...
U.S. Congress negotiators say reach gov’t funding deal
WASHINGTON, Dec 13 (Reuters) - Negotiators in the U.S. Congress on Tuesday said they had reached agreement on funding the...
U.S. inflation subsiding as consumer prices rise moderately in November
Consumer price index increases 0.1% in NovemberCPI up 7.1% year-on-year, smallest gain in 11 monthsCore CPI climbs 0.2%, up 6.0%...
U.S. dollar rises vs most currencies ahead of inflation data, Fed meeting
U.S. November year-on-year core CPI increase seen moderatingFocus on slew of central bank meetings led by FedFed widely expected to...
U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll
BENGALURU, Dec 9 (Reuters) - The U.S. economy is heading into a short and shallow recession over the coming year,...
Sterling edges back to near six-month peak, all eyes on rate outlook
LONDON, Dec 7 (Reuters) - The pound edged higher against the dollar on Wednesday and traded near its highest level...
U.S. banks warn of recession as inflation hurts consumers; shares fall
NEW YORK, Dec 6 (Reuters) - The biggest U.S. banks are bracing for a worsening economy next year as inflation...
Dollar edges up as darkening growth outlook hurts sentiment
SINGAPORE, Dec 7 (Reuters) - The dollar crept higher on Wednesday as top executives from the biggest U.S. banks warned...
Shares, bond prices fall as U.S. data sparks rate hike fears
Strong ISM services data for November rattles investorsData supports further Federal Reserve rate hikesAll S&P 500 sectors decline, energy stocks...
