Reuters US Economy

Global equity funds see biggest outflow in over seven months – Lipper

(Reuters) – Global equity funds faced massive outflows in the week ended Dec. 1 on worries about the economic impact from the spread of the Omicron coronavirus variant, while the U.S. Federal Reserve’s hawkish tilt on unwinding its stimulus support also added to investor concerns. Investors sold global equity funds worth a net $15.56 billion, …

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Bank of Canada Q3 2022 rate hike expected, Q2 rise possible: Reuters poll

By Swathi Nair and Sarupya Ganguly BENGALURU (Reuters) – The Bank of Canada will raise interest rates by the end of the third quarter next year, according to nearly all economists polled by Reuters, with a growing minority expecting a first hike as early as end-June. Those expectations, based on the view inflation is less …

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