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Economy

Economy News

RBNZ Governor Orr says confident in restrictiveness of interest rates

RBNZ Governor Orr says confident in restrictiveness of interest rates

FILE PHOTO: Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr is pictured during an interview at the bank in…
Instant View: SVB meltdown triggers gyrations in global bank shares

Instant View: SVB meltdown triggers gyrations in global bank shares

SVB (Silicon Valley Bank) logo and decreasing stock graph are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/…
EU seeks to arrest industry decline in green transition

EU seeks to arrest industry decline in green transition

FILE PHOTO: A steel worker of ThyssenKrupp walks in front of a blast furnace at a ThyssenKrupp steel factory in…
US Budget Deficit Hits $723 Billion Five Months Into Fiscal Year

US Budget Deficit Hits $723 Billion Five Months Into Fiscal Year

&copy Bloomberg. Visitors in the Rotunda of the U.S. Capitol in Washington, D.C., U.S., on Wednesday, March 30, 2022. Legislation…
Analysis-Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue

Analysis-Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue

FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File…
Analysis-Californian tech bank SVB sows global fear about rising cost of money

Analysis-Californian tech bank SVB sows global fear about rising cost of money

SVB (Silicon Valley Bank) logo and decreasing stock graph are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration…
World Bank warns Solomon Islands of unsustainable debt without reform

World Bank warns Solomon Islands of unsustainable debt without reform

By Lucy Craymer WELLINGTON (Reuters) – The Solomon Islands will need to implement fiscal reforms such as alterations to its…
BOJ ramps up bond buying ahead of policy meet, yields fall sharply

BOJ ramps up bond buying ahead of policy meet, yields fall sharply

FILE PHOTO: Exterior of Bank of Japan’s headquarters is pictured in Tokyo, Japan, June 17, 2022. REUTERS/Kim Kyung-Hoon By Junko…
Fed’s Powell, on eve of next rate hike, urged to protect jobs

Fed’s Powell, on eve of next rate hike, urged to protect jobs

2/2 FILE PHOTO: Federal Reserve Board Chairman Jerome Powell hosts an event on “Fed Listens: Transitioning to the Post-pandemic Economy”…
Global economy approaching a recession, central banks unchained – Reuters poll

Global economy approaching a recession, central banks unchained – Reuters poll

2/2 FILE PHOTO: The City of London financial district can be seen in London, Britain, March 9 2020. REUTERS/Henry Nicholls…
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