Tag: Fiscal Policy
US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
Wall Street Braces for a Recession Amid Dwindling Consumer Spending
NEW YORK, United States — Compounded by concerns of a looming global recession, U.S. stock indexes rallied...
France’s Central Bank Sees Slight Fourth Quarter Growth
PARIS, France —The French economy is on course to finish the year with slightly positive growth in the...
Bank of Mexico Issues Optimistic Forecasts to Counteract Inflation, Ends Rate Hikes
MEXICO CITY, Mexico — The Bank of Mexico on Wednesday, Nov. 30 issued more upbeat forecasts for inflation...
Sri Lankan Central Bank Threatens Administrative Measures to Bring Down Market Rates
COLOMBO, Sri Lanka — On Thursday, Nov. 24 Sri Lanka's central bank threatened administrative intervention...
New Zealand to Deliver Record-High Interest Hike Amid Persisting Inflation
WELLINGTON, New Zealand — New Zealand's central bank said on Tuesday, Nov. 22 that it expects to deliver...
Brazil’s Central Bank Chief Says Fiscal Prudence Crucial Amid Political Protests and Inflation
BRASILIA, BRAZIL — Brazil's central bank chief Roberto Campos Neto emphatically defended the need for...
US Fiscal Budget Deficit Halves to $1.375 Trillion Despite Student Loan Costs
WASHINGTON (Reuters) — The U.S. government revealed on Friday, Oct. 21 that its fiscal 2022 budget deficit...
Investors Worry About Hiring Outlook, Spending Before US Earnings
NEW YORK (Reuters) — The outlook for jobs and spending may be chief among concerns for investors heading...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...
UN Warns Central Banks to Pivot Away From Hawkish Policy
As central banks across the world raised interest rates and doubled down on hawkish narratives that they...