Reuters USA

By Devayani Sathyan and Sujith Pai BENGALURU (Reuters) – The Reserve Bank of Australia will deliver a fourth successive quarter-point interest rate hike on Tuesday and is likely to follow up with a fifth in March as it grapples with an unexpected revival in inflation, a Reuters poll found. Policymakers and analysts had expected price …

RBA to lift rates 25 bps on Feb 7, once more to 3.60% in March: Reuters poll Read More »

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Indonesia’s economic growth likely slowed in the fourth quarter as declining commodity and energy prices hit exports, and a widely expected global recession could accelerate the slowdown this year, a Reuters poll found. Southeast Asia’s largest economy exported a record $292 billion in 2022, driven by high …

Indonesia’s economy likely lost some steam in Q4: Reuters poll Read More »

TOKYO (Reuters) – Japan’s services sector activity grew at its fastest pace in three months in January, but worsening inflation and employment trends point to challenges ahead, a business survey showed, as policymakers bet on the country’s economic reopening to lift demand. Friday’s final au Jibun Bank Japan Services purchasing managers’ index (PMI) rose in …

Japan Jan services activity growth at three-month high – PMI Read More »

By Laila Kearney and Brendan O’Brien NEW YORK (Reuters) -The U.S. Northeast braced on Thursday for a historic deep freeze, with wind chills expected to plunge to the equivalent of -50 degrees Fahrenheit (-46 Celsius) in some spots, while freezing rain in the South left thousands without power and turned roadways into ice rinks. Dangerous …

New England prepares for ‘wicked’ deep freeze as ice storm coats South Read More »

By Maria Carolina Marcello BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva on Thursday issued his latest threat to the autonomy of the country’s central bank a day after it floated the possibility of keeping interest rates at a six-year high for a longer-than-expected period. Lula, who had previously described central bank independence as …

Brazil’s Lula threatens central bank autonomy after hawkish words Read More »

By Steve Gorman LOS ANGELES (Reuters) – Mountain lions have been dying on California highways at the rate of at least one or two every week in recent years, a roadkill toll that may exceed healthy reproductive levels for the big cats, new wildlife mortality data showed on Thursday. Maps documenting deadly highway crossings – …

Roadkill rate for California cougars puts population at risk Read More »

By Steve Holland and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday credited Brian Deese, his outgoing top White House economic adviser, for helping achieve the administration’s economic vision for the country. Biden said Deese’s work as director of the National Economic Council (NEC) was critical to ensuring passage of a series …

Biden thanks White House’s Deese for helping steer economic recovery Read More »

WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Kevin McCarthy said on Thursday that he and President Joe Biden have agreed to meet again for talks on raising the U.S. government borrowing limit. Biden and McCarthy held initial talks on Wednesday in a first test of how the two could work together. The pair spoke …

McCarthy says he will meet Biden again on U.S. debt ceiling Read More »