Tag Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Greenback rides excessive on flagging euro and yuan

SINGAPORE (Reuters) – The greenback was buoyant on Tuesday as political turmoil in France undermined the euro, whereas tariff dangers and weak spot in China’s financial system pushed the yuan to a one-year low. The yen swam in opposition to…

Fed’s Waller leaning towards backing charge reduce in December

Investing.com — Federal Reserve Governor Christopher Waller mentioned Monday he was leaning towards supporting an rate of interest reduce on the December assembly amid expectations for inflation to proceed to sluggish towards the central financial institution’s 2% goal.  “[A]t current I lean…