Inflation forces US families to spend $709 more a month than two years ago
US inflation has had a snowballing effect on family budgets.
2023-08-11 23:15
Fed should do more to encourage discount window use: ex-Fed staffer
By Ann Saphir Regulatory guidelines issued in late July encouraging banks to incorporate the Federal Reserve's so-called discount
2023-08-08 01:28
Many small US banks not ready to borrow from Fed in an emergency
By Ann Saphir The lightning-fast collapse of Silicon Valley Bank this spring laid bare an inconvenient truth: Some
2023-08-02 18:27
UK mortgage approvals and consumer credit jump unexpectedly in June: BoE
By Andy Bruce and David Milliken LONDON (Reuters) -British lenders approved more mortgages than expected in June and net unsecured
2023-07-31 18:18
The Fed's favorite inflation measure cooled down even further in June
The inflation gauge tracked most closely by the Federal Reserve showed that the pace of price increases slowed last month, according to Commerce Department data released Friday.
2023-07-28 20:56
US annual inflation slows in June, consumer spending solid
WASHINGTON U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest
2023-07-28 20:47
Euro zone lending slows further as rate hikes bite
FRANKFURT Lending to euro zone companies slowed again last month, adding to already mounting evidence that sharply higher
2023-07-26 16:22
These Covid-19 pandemic-era relief programs are expiring soon
Millions of people are set to lose Covid-19 pandemic-era benefits this fall -- specifically, the student loans payment pause, child care provider stabilization funds, the suspension of work requirements for food stamps and continuous Medicaid coverage.
2023-07-25 17:15
Euro zone firms slash loan demand to lowest on record: ECB poll
FRANKFURT Euro zone firms' demand for loans dropped to the lowest on record last quarter and a further
2023-07-25 16:23
Healthy US consumers shrug off recession concerns, for now
By Nupur Anand NEW YORK U.S. consumers are still keeping up with their loan payments despite rising costs
2023-07-18 23:55
Back-to-school spending is forecast to drop 10% as inflation bites
Shopping for back-to-school essentials, such as clothes, shoes and electronics, will be a bigger struggle for families this year who are trying to manage their household budgets with less disposable incomes because of inflation.
2023-07-12 19:49
Fed lending to banks eases a bit in latest week
NEW YORK Federal Reserve lending to banks ebbed in the latest week, central bank data released Thursday said.
2023-07-07 04:52