Hungary central bank chief sees 15%-18% inflation in 2023, urges end to price caps
BUDAPEST, Dec 5 (Reuters) - Hungary's inflation could be between 15% and 18% next year, the National Bank of Hungary's...
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U.S. labor market shrugs off recession fears; keeps Fed on tightening path
Nonfarm payrolls increase 263,000 in NovemberUnemployment rate steady at 3.7%; participation rate fallsAverage hourly earnings rise 0.6%; up 5.1% year-on-yearWASHINGTON,...
Sterling set for third straight weekly gain, but vulnerable
Nov 25 (Reuters) - Sterling was slightly lower on Friday but still set for its third consecutive weekly gain against...
Bundesbank warns banks against ‘careless’ payout pledges as economy cools
Wuermeling says banks should not tie their handsSees German banks maintaining capital ratiosFRANKFURT, Nov 23 (Reuters) - German banks should...
Morning Bid: Wild oil ride amid China and crypto woe
A look at the day ahead in U.S. and global markets from Mike Dolan.Turbulence in oil, China's COVID crunch and...
Spain to approve mortgage support for more than 1 mln households
Measures support vulnerable families at 25,200 euros income thresholdThreshold for middle-class clients set at 29,400 eurosMeasures include extending loan repayments...
UK faces record hit to living standards as tax hikes loom
Britain facing record living standards hitUK economy in recession, set to shrink in 2024Almost half of 55 billion-pound belt-tightening from...
U.S. weekly jobless claims drop; housing market struggling
Weekly jobless claims fall 4,000 to 222,000Continuing claims increase 13,000 to 1.507 millionHousing starts drop 4.2% in October; permits fall...
Analysis: Italy’s Meloni needs urgent fix for ballooning pensions bill
Italy has highest pension bill in OECD blocIndex-linked pensions rising with surging inflationNew PM Meloni must take action before year-endCo-ruling...
Dollar gains fizzle out as traders reassess risks from Poland
TOKYO/LONDON, Nov 16 (Reuters) - The dollar on Wednesday traded just above multi-month lows against most majors as flows that...
