Reuters US Economy

By Brendan O’Boyle BUENOS AIRES (Reuters) -Argentina’s economy grew year-on-year for the second consecutive quarter and by the most since 2022 as the economy recovers from last year’s recession while still facing some headwinds, official data showed on Monday. Gross domestic product expanded 5.8% in the first quarter compared to the same quarter in 2024, …

Argentina GDP growth fastest since 2022, though lagging forecasts Read More »

(Reuters) -The International Monetary Fund said on Monday that Bangladesh will have access to $1.33 billion as the fund has concluded a combined third and fourth review of the country under three facilities. Bangladesh will have immediate access to $884 million under the IMF’s Extended Credit Facility and Extended Fund Facility, and receive another $453 …

IMF says Bangladesh to receive $1.3 billion under third and fourth reviews Read More »

LONDON (Reuters) -Rising oil prices, Middle East tensions, a NATO meeting and a testimony by the U.S. Federal Reserve chief vie for market attention in the days ahead. Here’s your heads up on the week in world markets from Alden Bentley in New York, Kevin Buckland in Tokyo, Amanda Cooper and Lucy Raitano in London …

Take Five: Time to cool down? Read More »

By Ann Saphir (Reuters) -The U.S. bombing of Iran’s nuclear sites injected fresh uncertainty into the outlook for inflation and economic activity at the start of a week chock full of new economic data and central banker commentary, including two days of Congressional testimony from Federal Reserve Chair Jerome Powell. The downside of the attacks …

US attack on Iran adds to economic uncertainty Read More »

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the first public comments from policymakers following a decision this week to hold borrowing costs steady for now. …

Fed split on whether to hedge on inflation, or proceed with cuts Read More »

By Vladimir Soldatkin and Guy Faulconbridge ST PETERSBURG, Russia (Reuters) -Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing continued growth, low debt and economic diversification as signs of resilience, while business leaders voiced concern about the economy’s health. Speaking at the closing session of the …

Putin says war in Ukraine is not killing Russia’s economy Read More »

BEIJING (Reuters) -China’s fiscal revenue declined by 0.3% in the first five months of 2025 from a year earlier, finance ministry data showed on Friday, as global trade uncertainty intensified by U.S. tariffs weighed on the economy. Fiscal revenue in the January-May period, totalling 9.66 trillion yuan ($1.34 trillion), was slightly less than the 0.4% …

China’s January-to-May fiscal revenue falls 0.3% Read More »