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Economic News
Fed’s Kashkari sees two rate cuts at most this year
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday…
US economic activity increased slightly in recent weeks, Fed survey shows
By Lindsay Dunsmuir(Reuters) -There was an uptick in U.S. economic activity from early…
Powell Reiterates Fed Needs More Confidence on Inflation to Cut
(Bloomberg) -- Federal Reserve Chair Jerome Powell reiterated to lawmakers that the US…
Don’t expect a soft landing victory lap
By Howard SchneiderWASHINGTON (Reuters) - The soft landing, it appears, will not be…
Job openings move back down to lowest level since March 2021
Job openings hit their lowest level since March 2021 in January, showing further signs…
Futures hold gains after Fed Chair Powell’s remarks
(Reuters) - U.S. stock index futures held gains on Wednesday after Federal Reserve…
U.S. dollar’s strength to persist as markets eye cautious Fed
By Hari Kishan and Sarupya GangulyBENGALURU (Reuters) - A strong U.S. dollar will…
Sri Lankan president says he is seeking to defer loan payments until 2028 amid economic crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka's president said Wednesday that he is seeking a…
WRAPUP 1-Shrinking global palm oil supplies, strong biodiesel demand to boost prices
By Bernadette Christina and Danial AzharKUALA LUMPUR (Reuters) - Stagnating global palm…
Fed’s Powell to set election year stage with testimony on rate cuts, inflation
By Howard SchneiderWASHINGTON (Reuters) - With asset values from stocks to crypto to…