Category Archives:
Column-QE sceptics fear Fed is in a hole :Mike Dolan
By Mike Dolan LONDON (Reuters) - If this month's U.S. banking stress owes at least something to the Federal Reserve's reduction of its mammoth balance sheet, then the central bank may now find itself ...
Mar 22, 2023
UK inflation rate rises to 10.4% in February – ONS
LONDON (Reuters) - British consumer price inflation unexpectedly rose to 10.4% in February from January's 10.1%, figures from the Office for National Statistics showed on Wednesday. Economists polled ...
Mar 22, 2023
Bundesbank chief: rate-setters must be ‘stubborn’ in inflation fight -FT
(Reuters) - Eurozone policy-setters must be "stubborn" and continue increasing borrowing costs to battle inflation, Bundesbank chief Joachim Nagel told the Financial Times in comments published on Wed...
Mar 22, 2023
South Korea takes step to cut homeowners’ tax as housing prices tumble
SEOUL (Reuters) - South Korea has sharply lowered official reference housing prices for this year, which will result in a large fall in taxes for homeowners, as the government has been trying to put a...
Mar 22, 2023
Explainer-What is the European Union AI Act?
LONDON (Reuters) - The AI Act is expected to be a landmark piece of EU legislation governing the use of artificial intelligence in Europe that has been in the works for over two years. Lawmakers have ...
Mar 22, 2023
As AI booms, EU lawmakers wrangle over new rules
By Supantha Mukherjee and Martin Coulter STOCKHOLM/LONDON (Reuters) - Rapid technological advances such as the ChatGPT generative artificial intelligence (AI) app are complicating efforts by European ...
Mar 22, 2023
Exclusive-Virgin Orbit in talks to raise $200 million from Matthew Brown-term sheet
By Joey Roulette WASHINGTON (Reuters) - Billionaire Richard Branson's cash-strapped Virgin Orbit is near a deal for a $200 million investment from Texas-based venture capital investor Matthew Brown vi...
Mar 22, 2023
Marketmind: Jittery markets attempt risk-on rally while waiting for Powell
A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces its policy decision, investors are attempting a bit of a risk-on ral...
Mar 22, 2023
Chip plants in China won’t be forced to shut if firms receive US funding, says S.Korea
SEOUL (Reuters) - South Korea's trade ministry said on Wednesday that the United States' proposed rules to prevent $52 billion in chip funding from being used by "countries of concern" will not force ...
Mar 22, 2023
Fed’s Powell faces political storm, policy minefield over SVB oversight
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to raise interest rates by a quarter of a percentage point on Wednesday, a decision that will land amid a brewing political s...
Mar 22, 2023
Peoria, IL, USA
55 °F Partly cloudy
