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Economy

Economy

Exclusive-Pakistan formally requests IMF RST money, targeting $1 billion, finance minister says

WASHINGTON (Reuters) – Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps lows…
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Economy

Czech central bank can keep easing, but with eye to inflation spots, rate-setter says

By Jan Lopatka and Jason Hovet PRAGUE (Reuters) – The Czech National Bank can continue easing monetary policy amid weaker growth abroad…
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Economy

Factbox-Reactions to the first expanded BRICS summit

(Reuters) – Russia this week hosted the first summit of the newly expanded BRICS club of emerging economies, with leaders agreeing a…
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Economy

Thai cbank sees no need for inflation target change, no easing cycle ahead

By Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai BANGKOK (Reuters) – Thailand’s current inflation target range of 1% to 3% has “served…
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Economy

Brazil to calculate potential GDP to balance debate on rates, says minister

By Marcela Ayres WASHINGTON (Reuters) – Brazil’s government is considering calculating the country’s potential growth rate in addition to the official GDP…
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Economy

Analysis-Retro bonds return from the ’80s to speed up debt reworks, but at a cost

By Karin Strohecker and Libby George WASHINGTON/LONDON (Reuters) – The recent cascade of countries defaulting on their debt has brought back into…
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Economy

Boeing CEO presses turnaround as loss balloons to $6 billion

(Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a “fundamental culture change” at the struggling planemaker…
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Economy

ECB starting to debate if rates must fall below neutral level – Reuters

Investing.com — European Central Bank officials have begun to debate whether the time has come to start lowering interest rates to a level…
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Economy

CME Group profit jumps on record trading strength

(Reuters) -CME Group reported a rise in third-quarter profit on Wednesday, as uncertainty around the U.S. monetary policy path led investors to…
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Economy

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…
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