On Wednesday, the Bureau of Labor Statistics released the latest Consumer Price Index () report for October. Following the trend of the last three months, the inflation rate increased 0.2% on a basis. Annually, the consumer prices for…
Thank you for your generous introduction, Marcela, and thank you for the opportunity to be here and speak to you today.1 I believe I am the first central banker from the U.S.…
DUBAI (Reuters) - Iran said it can resolve disputes with the United Nations nuclear watchdog through cooperation and negotiations but not under pressure, Foreign Minister Abbas Araqchi told IAEA Chief Rafael Grossi on Thursday, according…
By Trixie Yap (Reuters) -Oil prices slipped in early trade on Thursday, reversing most of the previous session's gains on a stronger dollar and worries of higher global output amid slow demand growth forecasts. futures fell 45 cents, or…
By Timothy Gardner and Vivian Sequera WASHINGTON/CARACAS (Reuters) - President-elect Donald Trump's pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of oil sanctions on Iran and Venezuela, but…
By Melanie Burton MELBOURNE (Reuters) - BHP Group (NYSE:) is likely to flesh out plans next week to spend at least $7 billion over the coming years to recover more metal from the world's biggest mine, Escondida in Chile, investors and…
Investing.com-- Gold prices fell to a near two-month low on Thursday, hit chiefly by a stronger dollar after data showed U.S. inflation remained sticky, while anticipation of more cues from the Federal Reserve also weighed. Among…
Investing.com-- Oil prices drifted lower in Asian trade on Thursday following middling industry data on U.S. inventories, while markets sought more cues on demand from China and the International Energy Agency.Prices rebounded slightly on…
I said two months ago that I didn’t think the Fed should ease, but they would anyway. And they did, by cutting overnight rates 50bps. Then last month I said:
“Getting rates back to neutral, around 4% or so, is not a bad idea as long as…
By Nicole Jao NEW YORK (Reuters) - Oil prices rebounded slightly on Wednesday on short-covering a day after they fell near a two-week low on OPEC's reduced demand forecast, but gains were limited as the dollar hit a seven-month high.…