Economy

Liu Shijin, an adviser to the People’s Bank of China, dismissed comparisons between China’s current economic scenario and Japan’s stagnation…

Loretta Mester will step down as the president of the Cleveland Federal Reserve in June 2024, the regional Fed bank…

Federal Reserve Chair Jerome Powell, while speaking at the centennial celebration of the Fed board’s Division of Research and Statistics…

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear has plunged in the U.S. equity market following last week’s explosive…

When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa…

The Consumer Financial Protection Bureau ordered Citibank to pay $25.9 million in fines and consumer redress for intentional and illegal…

India’s nominal GDP is expected to accelerate at a rate of 12.4% year over year in the fiscal year 2025,…

VIENNA (Reuters) – The European Central Bank must remain vigilant on inflation and be prepared to raise interest rates again…

The numbers: Mortgage demand rose as rates fell sharply on the back of signs of a weakening U.S. economy. Mortgage…

By Howard Schneider WASHINGTON (Reuters) – The recent rise in long-term U.S. bond yields does not seem to have been…