(Reuters) – The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at its March 19-20 policy meeting, and officials continued to anticipate approving three…
Economy News
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By Davide Barbuscia NEW YORK (Reuters) – U.S. bond giant PIMCO has trimmed its expectations for interest rate cuts by the Federal Reserve this year to two after data on…
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Governor Michelle Bowman said it’s not time for the U.S. central bank to consider cutting its interest rate target and…
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By Shristi Achar A and Shashwat Chauhan (Reuters) -Wall Street’s main stock indexes rose on Friday after a strong jobs report that also suggested easing wage pressures, boosting the chances…
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By Michael S. Derby NEW YORK (Reuters) -Dallas Federal Reserve President Lorie Logan said on Friday that an inflation landscape increasingly beset by upside risks argues against any imminent push…
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By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -Stocks on Wall Street rallied as the dollar and bond yields rose on Friday, after another blowout U.S. jobs report suggested…
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By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said inflation would likely accelerate from “summer towards autumn” as bumper pay hikes push up prices, the Asahi newspaper…
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HAVANA (Reuters) -Cuban President Miguel Diaz-Canel said on Thursday his communist-run government has secured supply of key subsidized food rations as he moved to defuse tensions just two weeks after…
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By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip, suggesting the economy ended the…