Instant View: Fed officials saw persistent inflation in July, cagey on next hikes

Federal Reserve officials said last month that the pace of future interest rate increases would hinge on incoming data, with some saying rates would need to stay at a "sufficiently restrictive level" for "some time" in order to control inflation, according to the minutes of the July 26-27 session.

newspaper

17-08-2022

Analysis-Rejected by Wyoming Republicans, Cheney sets sights on stopping Trump

After being soundly rejected by Wyoming Republican voters, U.S. Representative Liz Cheney vowed to spend the next two years trying to stop Donald Trump from returning to the White House - possibly with her own anti-Trump presidential bid.

newspaper

17-08-2022

FOMC members saw no sign of easing inflation in July

Federal Reserve officials said last month that the pace of future interest rate increases would hinge on incoming data, with some saying rates would need to stay at a "sufficiently restrictive level" for "some time" in order to control inflation, according to the minutes of the July 26-27 session.

newspaper

17-08-2022

Instant View: FOMC members saw no sign of easing inflation in July

Federal Reserve officials said last month that the pace of future interest rate increases would hinge on incoming data, with some saying rates would need to stay at a "sufficiently restrictive level" for "some time" in order to control inflation, according to the minutes of the July 26-27 session.

newspaper

17-08-2022

Hong Kong exchange sees further headwinds after first-half profit drop

HONG KONG (Reuters) -The operator of the Hong Kong Stock Exchange (HKEX) flagged continued pressures from global political tensions and other negative factors as it posted a 27% fall in first-half profit on Wednesday.

newspaper

17-08-2022

China's fiscal revenue growth slows slightly amid sluggish economic recovery

China's fiscal revenue growth slowed slightly in the January-July period compared to the first six months of the year, finance ministry data showed on Wednesday, as the economy was squeezed by the country's zero-COVID policy and a property crisis.

newspaper

17-08-2022

Analysis-U.S., European banks could lose over $5 billion from risky buyout loans

Top U.S. and European banks are facing tougher times in the riskiest parts of the loan market.

newspaper

17-08-2022

China will step up policy support for economy, premier says

BEIJING (Reuters) -China will step up support for the economy, Premier Li Keqiang has said, urging economically important provinces to take the lead in implementing growth policies, state media reported a day after data showed growth unexpectedly slowed last month.

newspaper

17-08-2022

Trump critic Liz Cheney falls in U.S. primary, Murkowski survives

JACKSON, Wyo. (Reuters) -U.S. Representative Liz Cheney, a fierce Republican critic of Donald Trump who has played a prominent role in the congressional probe of the Jan. 6 assault on the Capitol, lost to a Trump-backed primary challenger in Wyoming on Tuesday.

newspaper

17-08-2022