Core inflation to start improving before summer break – ECB’s Nagel
WASHINGTON (Reuters) – Core inflation rates in the euro zone will begin improving in the coming months, but the European…
Business
L&G’s fund arm to back climate votes at U.S., Canadian banks
By Simon Jessop LONDON (Reuters) -Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would…
Brazil’s Haddad says central bank has a window of opportunity to lower rates
(Reuters) – Brazil’s Finance Minister Fernando Haddad said on Thursday that the central bank has an opportunity to lower interest…
ECB’s next rate hike could be 25 or 50 bps – Vasle
By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank needs to keep raising rates given stubbornly high underlying inflation…
Can AI answer your money questions? We put chatbots to the test
By Chris Taylor NEW YORK (Reuters) – Face it, we could all use a little help with our money. So…
U.S. producer prices unexpectedly fall in March
WASHINGTON (Reuters) – U.S. producer prices unexpectedly fell in March as the cost of gasoline declined, and there were signs…
Sovereign debtors, creditors agree on steps to jumpstart debt restructurings
By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart…
Heroes or villains: Short sellers’ role in the U.S. bank crisis
By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse…
NY Fed survey finds Americans more downbeat on credit access
By Michael S. Derby NEW YORK (Reuters) – Americans said last month that access to credit was at its toughest…
‘Powell’s curve’ plunges to new lows, flashing US recession warning
By Davide Barbuscia NEW YORK (Reuters) -The Federal Reserve’s preferred bond market signal of an upcoming recession has plunged to…