Recession? What recession? Just don’t quit before lunch!

Recession?  What recession?  Just don't quit before lunch!

A restaurant advertising jobs looks to attract workers in Oceanside, California, US, May 10, 2021. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to Reuters.com Register July 8 (Reuters) – Jay Baker is not worried about a recession. He worries about whether his new workers will keep leaving before the end of their first … Read more

Explainer: US yield curve inverts again: What is it telling us?

Explainer: US yield curve inverts again: What is it telling us?

US dollar banknote in front of stock graph is seen in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, July 5 (Reuters) – A closely watched part of the US Treasury yield curve inverted again on Tuesday, as investors continue to price in the … Read more

Inflation at 24-yr high adds to strains in South Korea’s economy

Inflation at 24-yr high adds to strains in South Korea's economy

A woman wearing a protective mask is seen at a fish market amid the coronavirus disease (COVID-19) outbreak continues in Seoul, South Korea April 5, 2020 REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register June inflation at highest since 1990s Asia financial crisis Foreign exchange reserves fall in June by most since … Read more

S&P 500 ends brutal first half ’22 with largest percentage loss since 1970

S&P 500 ends brutal first half '22 with largest percentage loss since 1970

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 30 (Reuters) – Steep losses in stocks and bonds, dizzying market swings and a Federal Reserve intent on curbing the … Read more

Banking body urges decisive wave of global rate hikes to stem inflation

Banking body urges decisive wave of global rate hikes to stem inflation

Plastic letters arranged to read “Inflation” are placed on US Dollar banknote in this illustration taken, June 12, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, June 26 (Reuters) – The world’s central bank umbrella body, the Bank for International Settlements (BIS), has called for interest rates to be raised … Read more

UK inflation hits 40-year record, highest in G7

UK inflation hits 40-year record, highest in G7

Inflation hits 9.1%, highest since March 1982 UK has highest inflation rate out of G7 Food price inflation hits highest since 2009 Inflation to top 11% later this year, BoE predicts LONDON, June 22 (Reuters) – Soaring food prices pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate … Read more

BOJ maintains ultra-low rates, warns it is closely watching yen moves

BOJ maintains ultra-low rates, warns it is closely watching yen moves

BOJ keeps interest rate targets unchanged, as expected BOJ says watching impact of FX moves on economy No change to dovish policy guidance BOJ Gov Kuroda to brief media 0630 GMT TOKYO, June 17 (Reuters) – The Bank of Japan maintained ultra-low interest rates on Friday and its guidance to keep borrowing costs at “present … Read more