The US economy may be heading into a recession, according to an accepted indicator, after inflation there surged to a more-than-expected 40-year peak. The US economy may be heading into.
By Julie Gordon and Steve Scherer OTTAWA (Reuters) -The Bank of Canada on Wednesday raised its benchmark interest rate by a full percentage point, surprising markets with its biggest rake.
WASHINGTON (Reuters) – U.S. House Democratic Caucus chair Hakeem Jeffries said on Wednesday “significant progress” had been made on a proposed bill to boost production of semiconductor chips and he.
OTTAWA (Reuters) – The Bank of Canada hiked its policy rate to 2.5% on Wednesday from 1.5%, a surprise 100-basis-point move and its largest increase since August 1998. Here is.
The fine was also imposed since the company breached certain norms laid out by the bank in connection with Prepaid Payment Instrument (PPI). The Reserve Bank of India (RBI) has.
The Deposit Insurance Fund (DIF) stood at Rs 1.47 lakh crore, yielding a reserve ratio (ratio of DIF to insured deposits) of 1.81 per cent, the RBI said. The Deposit.
By Andrea Shalal and Tetsushi Kajimoto TOKYO (Reuters) -U.S. Treasury Secretary Janet Yellen and Japanese Finance Minister Shunichi Suzuki agreed on Tuesday to work together to tackle rising prices of.
By Stefano Rebaudo (Reuters) – Euro zone government bond yields fell on Tuesday as money markets scaled back their expectations of European Central Bank’s rate hikes amid concerns over potential.
India’s Retail Inflation in June: The retail inflation, measured by the Consumer Price Index (CPI), marginally eased to 7.01 per cent in June. Separately, the factory output, measured in terms.
By Belén Carreño and Jesús Aguado MADRID (Reuters) -Spain will hit power companies and banks with temporary taxes that should rake in 7 billion euros ($7.02 billion) in 2023-2024 to.
