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Bailey says he’s unhappy about inflation but BoE not to blame
By David Milliken and Farouq Suleiman LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Monday he was "not at all happy" about the surge in inflation in Britain, but added that the cen...
Syndicated Content May 16, 2022
BlackRock’s Rieder: summer rally coming in U.S. bonds but bull market likely over
By Davide Barbuscia NEW YORK (Reuters) - A sell-off in U.S. stocks and bonds will likely dry up during the summer months as the Federal Reserve whittles down its nearly $9 trillion balance sheet, said...
Syndicated Content May 16, 2022
Hungary PM Orban warns of “era of recession” in Europe
By Krisztina Than and Gergely Szakacs BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban on Monday raised the spectre of an "era of recession" in Europe as the continent grapples with surging ...
Syndicated Content May 16, 2022
Column-‘TINA’ still driving hedge funds’ bullish dollar view: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Being long dollars will no doubt become an overcrowded trade at some point and a reversal will ensue, but for hedge funds right now, there is no alternative...
Syndicated Content May 16, 2022
Ukraine’s Kalush Orchestra feted on return home after Eurovision win
By Andriy Perun KRAKOVETS, Ukraine (Reuters) - Ukraine's Kalush Orchestra returned to their homeland on Monday after an emotional Eurovision Song Contest victory, greeted at the border with Poland by ...
Syndicated Content May 16, 2022
Trump’s Truth Social posts will have to wait before reposts on other platforms
(Reuters) - Donald Trump will have to wait for six hours before reposting his messages from social media platform Truth Social on other platforms, a regulatory filing revealed on Monday. The platform ...
Syndicated Content May 16, 2022
U.S. Supreme Court backs Ted Cruz in campaign finance dispute
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday further undermined campaign finance restrictions and handed a victory to Senator Ted Cruz, striking down as a free speech violation part of a bi...
Syndicated Content May 16, 2022
TIM clears first hurdle in securing state guarantees for $3.1 billion loan – sources
ROME (Reuters) - Italian credit export agency SACE has approved state guarantees for a bank credit line worth up to 3 billion euros ($3.1 billion) for Telecom Italia (TLIT), two sources close to the m...
Syndicated Content May 16, 2022
Fed’s Williams: MBS sales could be an option down the road
(Reuters) - New York Federal Reserve Bank President John Williams said on Monday selling mortgage-backed securities could be an option for the central bank to consider down the road in its goal to ori...
Syndicated Content May 16, 2022
Bezos and White House battle over taxes and inflation
WASHINGTON (Reuters) - The White House on Monday attacked Jeff Bezos for comments criticizing President Joe Biden for saying his plan to tax the rich would lower consumer costs, as a war of words betw...
Syndicated Content May 16, 2022
Peoria, IL, USA
50 °F Partly cloudy
