IMF says UK fiscal measures ‘likely to increase inequality’, urges reconsideration

WASHINGTON, Sept. 27 (Reuters) – The International Monetary Fund on Tuesday targeted new British financial plans that have rocked markets and warned that “big and untargeted fiscal packages” were likely to widen inequality in Britain and tighten monetary policy. can undermine. In its first commentary on plans by the new UK Chancellor of the Exchequer … Read more

Morning Bid: Eye of the Storm

Register now for FREE unlimited access to Reuters.com Register A look at the day ahead of Mike Dolan’s US and global markets. As Hurricane Ian raged and set his sights on Cuba and Florida, a global financial storm calmed down the bond and currency markets moderately – though likely only temporarily. Ian strengthened to a … Read more

Home to 28,000 US troops, South Korea unlikely to avoid conflict in Taiwan

US President Joe Biden drinks ice cream as he greets US troops during his visit to the Air Operations Center at Osan Air Base in Pyeongtaek, South Korea, May 22, 2022. REUTERS/Jonathan Ernst Register now for FREE unlimited access to Reuters.com Register SEOUL, Sept. 26 (Reuters) – Tensions over Taiwan have raised the thorny issue … Read more

Factbox: Russia prepares to formally annex 15% of Ukraine

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept. 26 (Reuters) – President Vladimir Putin is preparing to formally annex about 15% of Ukraine’s territory after referendums on accession to Russia in areas controlled by Russian forces or Russian-backed separatists. read more CAN THE WEST STOP PUTIN? Neither the West nor Ukraine can … Read more

Fed officials stare at market volatility, say inflation remains key focus

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept. 26 (Reuters) – US Federal Reserve officials on Monday curbed increasing volatility in global markets, from slumping US stocks to currency turbulence abroad, saying their priority remained to contain domestic inflation. Asked at an event in the Washington Post whether he thought US investors … Read more

Italy election winners focus on era of political stability

Register now for FREE unlimited access to Reuters.com Register Right bloc for clear majority in both houses Meloni becomes the country’s first female prime minister League leader says government will be stable Government is expected to be sworn in in a few weeks Record low turnout casts shadow over result ROME, Sept. 26 (Reuters) – … Read more

Morning Bid: Unstable Cable | Reuters

US dollar banknotes can be seen in this image, taken on June 14, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register A look at the day ahead of Mike Dolan’s US and global markets. Britain’s gamble to boost growth with unfunded tax cuts in a surge in inflation has turned into … Read more

Sterling collapses as investors fly into dollars

Register now for FREE unlimited access to Reuters.com Register Sterling hits record low; risk of BOE reaction Euro down 1%; Aussie, Kiwi, Yuan Hits Multi-Year Low S&P 500 futures fall 0.6% SYDNEY, Sept. 26 (Reuters) – Sterling sank to a record low on Monday, sparking speculation about an emergency response from the Bank of England … Read more

Morning Bid: Asia’s FX Doomloops

Banknotes of Japanese yen and US dollar can be seen in this image, taken September 23, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register Sept. 26 (Reuters) – A look at Jamie McGeever’s day ahead of Asian markets Expect an ugly opening to Asian markets on Monday as investors try to … Read more

Inflation Struggle Can Avoid Deep Pain, Atlanta Fed President Says

President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at an event of the European Financial Forum in Dublin, Ireland, Feb. 13, 2019. REUTERS/Clodagh Kilcoyne Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept. 25 (Reuters) – Atlanta Federal Reserve president Raphael Bostic said on Sunday … Read more