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By Marc Jones LONDON (Reuters) – Staff at central bank umbrella group, the Bank for International Settlements, have warned of a global bout of stagflation if trade tariffs promised by…
(Reuters) – The Federal Reserve should stay independent, Trump’s pick to be U.S. Treasury Secretary told a Senate panel on Thursday. “I think on monetary policy decisions, the FOMC should…
Investing.com — Scott Bessent, the fund manager selected by President-elect Donald Trump to head the Treasury Department, faced questions on tariffs, tax policy, and budget deficits during his confirmation hearing.…
Capital Economics highlighted the progress made by South Africa’s Government of National Unity (GNU) in the six months since its formation, noting improved market goodwill, no recent loadshedding, and eased…
By Jennifer Rigby and Christy Santhosh (Reuters) – The World Health Organization called for the international community to step up and fund a scaled-up aid response in Gaza after Israel…
By Makini Brice, Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) – French Prime Minister Francois Bayrou passed the first test of his new minority government on Thursday as he survived…
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York released data Thursday that suggest it faces no imminent pressure to stop the process of…
Investing.com — Federal Reserve Governor Christopher Waller said in an interview with CNBC on Thursday that the December inflation data was very good and that if data persists along the same…
WASHINGTON (Reuters) – U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter. Inventories ticked up 0.1% after being…