Economic News

(Reuters) – Economists at Goldman Sachs no longer expect the U.S. Federal Reserve to raise interest rates in June, according to a research note published on Wednesday following data that showed consumer prices cooled faster than expected in March.

BEIJING (Reuters) – A Chinese woman has become the first person to die from a type of bird flu that is rare in humans, the World Health Organisation (WHO) said, but the strain does not appear to spread between people.

By Guy Faulconbridge MOSCOW (Reuters) -The Kremlin on Wednesday said the outlook for the landmark U.N.-brokered Black Sea grain deal was not great as promises to remove obstacles to Russian exports of agricultural and fertiliser exports had not been fulfilled.

WARSAW (Reuters) – Poland aims to become the service centre for U.S.-made Abrams tanks in Europe, Prime Minister Mateusz Morawiecki said on Wednesday during a visit to the United States.

By Rae Wee SINGAPORE (Reuters) – The U.S. dollar slipped on Wednesday ahead of a closely-watched inflation reading later in the day that will provide clues on the path of Federal Reserve interest rate hikes.

(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company Kelley Blue Book.

NEW YORK (Reuters) – Several Federal Reserve officials at the U.S. central bank’s policy meeting last month considered pausing interest rate increases until it was clear the failure of two regional banks would not cause wider financial stress, but even they ultimately concluded high inflation remained

By Jorge Otaola BUENOS AIRES (Reuters) – Argentina central bank board have been discussing the idea of another potential interest rate hike from the current 78% level, an adviser to the bank said on Wednesday, with analysts anticipating a 200-basis-point raise to contend with annual inflation

(Reuters) -A federal judge in North Dakota on Wednesday temporarily blocked implementation of a Biden administration rule establishing protections for seasonal streams and wetlands in 24 states, according to court documents.

WASHINGTON (Reuters) – The European Central Bank still has a “little way to go” with rate hikes but most of its work is done and now the duration of higher rates is the bigger issue, French central bank chief Francois Villeroy de Galhau said on Wednesday.

WASHINGTON/MADRID (Reuters) -European Central Bank policymakers made the case for more rate hikes on Wednesday but offered contrasting views on just how much more tightening is needed, suggesting that the debate over the bank’s next move is not yet settled.

By Rodrigo Viga Gaier and Gabriel Araujo

By Gabriel Araujo RIO DE JANEIRO (Reuters) – Austria is looking to advance in talks with Brazilian planemaker Embraer SA at the LAAD defense and security fair on purchasing four or five KC-390 military cargo aircraft, two sources familiar with the matter said on Wednesday.

By David Lawder WASHINGTON (Reuters) – White House economic adviser Lael Brainard said on Wednesday the U.S. banking system is “sound” and stable after two bank failures last month, but institutions that fail to show investors they are managing risks effectively may come under market pressure.

WASHINGTON (Reuters) – The Republican-led U.S. House of Representatives Judiciary Committee has subpoenaed the Federal Trade Commission’s chair for documents related to the regulatory agency’s privacy probe of Twitter, the panel said on Wednesday.

By Michel Rose PARIS (Reuters) – President Emmanuel Macron said France’s position on Taiwan had not changed and that he favoured the current “status quo” in respect of the island, after he was asked to clarify comments that prompted a backlash in the United States and

(Reuters) – The U.S. government recorded a $378-billion budget deficit in March as outlays outpaced revenues, the Treasury Department said on Wednesday.

(Reuters) – Goldman Sachs Group Inc on Wednesday announced a slew of changes to leadership in its equity trading division following the retirement of its top equity trader Joe Montesano last month, according to a memo seen by Reuters.

By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said on Wednesday it is imposing export controls on more than two dozen companies in China, Turkey and other countries for supporting Russia’s military and defense industries.

MOSCOW (Reuters) – A rapid overhaul to Russia’s conscription system rushed through parliament on Wednesday has underlined a scramble for additional manpower for its forces fighting in Ukraine.