Economy - Page 46

South African Reserve Bank (SARB) Governor Lesetja Kganyago has reaffirmed the bank’s commitment to decisive action in preserving price stability and curbing inflation, particularly

The US economy added 150,000 jobs in October, falling short of market expectations, according to the Nonfarm Payrolls (NFP) report issued by the US

By Ankika Biswas and Bansari Mayur Kamdar (Reuters) -Europe’s benchmark index posted its biggest weekly gain since March on Friday, supported by interest rate-sensitive

In a recent speech at King’s College London, Andrew Hauser of the Bank of England (BoE) highlighted three major challenges for central banks in

By Davide Barbuscia NEW YORK (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond market

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose

Today, an Automated Clearing House (ACH) issue led to deposit delays across several major banks, including Bank of America, Chase, US Bank, Truist, and

By Joe Bavier, Nellie Peyton and Bhargav Acharya JOHANNESBURG (Reuters) -President Joe Biden’s administration wants to work with Congress to improve the United States’

By Howard Schneider WASHINGTON (Reuters) – The October jobs report likely was a relief to Federal Reserve officials who hope the U.S. economy can

By Yoruk Bahceli (Reuters) – Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will be