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

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

McDonald’s raises prices in Japan on higher input costs, weaker yen

Customers are seen through the windows of a McDonald’s store (above) in Tokyo, while others queue at checkouts, July 22, 2014. REUTERS/Yuya Shino Register now for FREE unlimited access to Reuters.com Register TOKYO, Sept. 26 (Reuters) – McDonald’s fast-food restaurants in Japan will raise prices on about 60% of their offerings to customers, fueled by … Read more

In China, home buyers occupy their ‘decaying’, unfinished properties

GUILIN, China, Sept. 26 (Reuters) – For six months, the home for Ms Xu was a room in a high-rise apartment in the southern Chinese city of Guilin, which she bought three years ago, attracted by brochures touting the river view and the clean air of the city. Her living conditions, however, are far from … Read more

Italy’s right wing, led by Meloni, wins elections, exit polls say

Register now for FREE unlimited access to Reuters.com Register Right block on its way to majority in exit polls from both houses Meloni becomes the country’s first female prime minister Early vote after the collapse of the Draghi . government ROME, Sept. 25 (Reuters) – A right-wing alliance led by Giorgia Meloni’s Brothers of Italy … 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