Economy - Page 5

By David Lawder CHICAGO (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday drew a stark contrast between President Joe Biden’s economic policies and those

The numbers: Construction of new U.S. homes fell 14.8% in January as home builders scaled back new projects. The pace of construction slowed as

By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is widely expected to hold its key rate at 22% for the fifth policy meeting

The numbers: Consumer sentiment crept up in early February to a 31-month high, fueled by slowing inflation and a strong job market. The first

By Ellen Zhang and Ryan Woo BEIJING (Reuters) – Many provinces in China including the financial hub of Shanghai have set modest 2024 economic

The numbers: The cost of imported goods jumped 0.8% in January, marking the first increase since last fall and the biggest rise in almost

(Reuters) – Nomura on Friday forecast the U.S. Federal Reserve delivering a 100-basis-point interest rate cut in 2024 and reducing the pace of balance-sheet

Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve president’s outlook. Atlanta Fed

(Reuters) – The Federal Reserve and the Bank of England, grabbing the baton from the ECB and the Bank of Japan, hold their first

So much for the inflation scare! The stock market’s dive after Tuesday’s U.S. consumer prices report came in hotter-than-expected has been swiftly recouped. Friday