Reuters US Economy

MEXICO CITY (Reuters) – Mexico’s inflation likely pulled the brakes on its upward trend during the first half of September, although it likely remained above target, maintaining expectations that the central bank will keep raising its key interest rate, a Reuters poll showed on Monday. The median forecast of 17 analysts projected annual inflation at …

Mexican inflation seen at 8.71% in first half of September – Reuters poll Read More »

(Reuters) -International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday she had an “excellent” meeting with Argentina’s President Alberto Fernandez in New York. Georgieva said via Twitter they discussed the importance of a decisive program implementation to fight inflation and to strengthen stability for sustainable and inclusive growth for Argentines. The meeting comes after …

IMF’s Georgieva: ‘excellent’ meeting with Argentina’s president Read More »

MILAN (Reuters) – Italy’s right-wing bloc looks set to win a majority in both houses of parliament in next Sunday’s election, at a time when soaring energy prices and rising interest rates create growing challenges for the highly-indebted state. Giorgia Meloni, leader of the nationalist Brothers of Italy, is seen as frontrunner to become Italy’s …

Italy’s right-wing bloc set for election win: five questions for markets Read More »

By Davide Barbuscia and David Randall (Reuters) – Just months ago, investors worried the Federal Reserve was not fighting inflation aggressively enough. Several jumbo rate hikes later, some now fear the Fed will plunge the economy into recession by tightening monetary policy too quickly. With markets reeling from last week’s robust inflation number, interest rate …

Some investors fear Fed will tighten rates too far as inflation bites Read More »

A look at the day ahead in European and global markets from Tom Westbrook London markets close on Monday for the funeral of Queen Elizabeth II. The tone everywhere else is sombre and nervous as no fewer than 13 central bank meetings loom this week. Wednesday’s U.S. Federal Reserve decision – and the committee members’ …

Marketmind: Vigils Read More »

By Aziz El Yaakoubi JEDDAH, Saudi Arabia (Reuters) -Tunisia expects to reach a deal with the International Monetary Fund in coming weeks on a loan of between $2 billion and $4 billion over three years, the central bank governor said on Sunday. Tunisia, which is suffering its worst financial crisis, is seeking to secure an …

Tunisia expects deal on IMF loan in weeks, cbank governor says Read More »

KYIV (Reuters) – Ukraine’s Prime Minister Denys Shmyhal thanked the United States on Saturday for its support after Ukraine received a further $1.5 billion in international financial assistance. “The state budget of Ukraine received a grant of $1.5 billion. This is the last tranche of $4.5 billion aid from the United States from @WorldBank Trust …

Ukraine receives $1.5 billion in new financial aid, says PM Read More »

(Reuters) – The Bank of Canada’s senior deputy governor, Carolyn Rogers, says the current period of high inflation has focused the central bank’s efforts to communicate clearly and concisely, the Globe and Mail newspaper reported late on Friday. The Bank of Canada has been trying to simplify its public outreach for a number of years, …

Bank of Canada says it must communicate clearly on inflation – newspaper Read More »

(Reuters) – S&P Global Ratings said on Friday it could cut El Salvador’s already negative credit rating within six to 18 months if it does not make “adequate progress” on debt reduction, days after the government announced plans to buy back sovereign bonds. S&P maintained El Salvador’s “CCC-plus” rating, seven notches into non-investment speculative grade …

S&P says it could downgrade El Salvador in 6-18 months Read More »