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Central Bank

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  • Consumer price growth slows as energy costs decline

    Consumer price growth slows as energy costs decline
    Consumer prices grew last month at their slowest pace since February, as lower energy costs offset higher price tags for food and shelter, the Labor Department said Tuesday.
  • Behind the jargon at the IMF

    Given the chance to be a fly on the wall at any institution, few would choose the International Monetary Fund. As part of a series from the Writers in Residence nonprofit organization, novelist Geoff Dyer spent a fortnight on a U.S. aircraft carrier,...

    Robust manufacturing output buoys U.S. economic outlook

    Robust manufacturing output buoys U.S. economic outlook
    WASHINGTON (Reuters) - U.S. manufacturing output rose broadly in July and automobile production recorded its largest increase in five years, boosting the economy at the start of the third quarter. While other data on Friday showed some cooling in factory...

    Russia has reserves to ride out sanctions - assuming no panic

    LONDON/MOSCOW (Reuters) - Mathematically Russia has enough reserves to hold out for at least two years before Western sanctions start to choke the economy, but it must avoid reawakening the "sleeping dragon" of investor panic. At first glance the...

    Fed's Fisher sees 'significantly' earlier rate hike

    (Reuters) - Stronger U.S. economic data on jobs and inflation have moved the Federal Reserve significantly closer to its first rate hike, making it "very possible" early next year, a top U.S. central bank official said on Friday. "It would seem to me,...