SINGAPORE, May 23 (Reuters) - Singapore's current policy stance remains appropriate to contain imported inflation and domestic cost pressures, Edward Robinson, deputy managing director at the Monetary Authority of Singapore, told reporters.
Robinson was speaking after the release of data showing Singapore's economy grew an annual 2.7 percent in the first quarter. (Reporting by Xinghui Kok; Editing by John Mair)
The 2024 election is heating up and if former President Donald Trump manages to retake the White House, it's bound to shake things up big time for American workers and the larger economy. What kind of...
(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee on Friday said he was relieved after data this week showed inflation in May had cooled, but he would still like to see "more months" of similar data before cutting interest rates. "Inflation was back down to levels that, if we got a lot of months like this, we would be feeling so much better," Goolsbee told the Iowa Farm Bureau Economic Summit in Ankeny, Iowa. Government data published on Wednesday showed that consumer prices did not rise at all from April to May.
“The economy is a little too soft to meet equity investors’ expectations of earnings growth, and the economy's a little too strong to meet bond investors’ expectations of cuts,” Unlimited Funds' Bob Elliott told Fortune.
Speaking on Bloomberg TV Friday, former Treasury Secretary and noted inflation hawk Larry Summers blasted the tax proposals being discussed by former President Donald Trump, which include more tax cuts and massive tariffs. Summers, a Democrat, said those policies would spark rising inflation and unemployment, severely damaging the U.S. and global economies. “I don't think there's been a more inflationary presidential economic policy platform in my lifetime,” Summers told Bloomberg’s David Westin
Markets will kick off a holiday-shortened trading week after ending last week at record highs.
Clouds overlook endless miles of flat fields surrounding a town that was once one of the UK’s most prosperous.
Labour and the Conservatives are desperate to reassure middle-class voters they will not put up taxes if they win the general election.
"Even absent this dire scenario, meeting additional interest obligations as the debt ratio rises could require the federal government to cut discretionary spending, with negative implications for economic growth."
Sir Keir Starmer will let Britain’s welfare bill spiral out of control if he wins the keys to Number 10, Rishi Sunak has warned.
Gordon Brown’s proposal to launch a stealth tax raid on banks would add hundreds of pounds to the cost of the average mortgage, analysis suggests.
Bullish of former President Trump’s chances of winning back the White House in November, some conservatives are pitching a funding stopgap that would extend into next year rather than expire during a lame duck session when President Biden would still be in office. Congress’s 12 annual funding bills for fiscal 2025 come due Sept. 30,…
An improving economy was supposed to boost Sunak’s campaign. But growth is flatlining, and there is little hope of an interest rate cut this week
Ahead of the general election, the Tories and Labour have repeatedly clashed over each other’s tax plans. But how is each pound spent?
“Good news is bad news” has been a common refrain for a while now.
Actress Blake Lively wore a sheer mini dress with exposed bra detailing for a 'This Ends With Us' book event and dished about the forthcoming film
Tanya Kach was 14 years old when she vanished in 1996. A decade later, she was found at her middle school security guard’s home, where she was being kept captive. Now, with the help of fellow kidnapping survivor Elizabeth Smart, she’s telling her story. Andrea Cavallier reports
A nervous woman with a large bust size was stopped at an airport in China after officials grew suspicious. They inspected her and discovered she was allegedly trying to smuggle 350 Nintendo Switch carts out of the country by stuffing them into her bra.
Government messages should be carefully thought out and clearly articulated to prevent confusion, and eliminate ambiguity. The post Anwar Ibrahim’s clarification over Singapore teachers proposal highlights importance of clear communication appeared first on Twentytwo13.
In a video released by Ukraine's 3rd Assault Brigade, Russian troops can be seen surrendering in Vovchansk.
LONDON—It is no easy to task to overshadow the most famous woman in the world, especially when she is making a feverishly awaited return to public view after a six-month absence.But Prince William and Kate Middleton’s youngest child, Prince Louis, 6, managed it Saturday—and didn’t even resort to pulling one of his famous funny faces, apart from the odd yawn.Instead, the young prince broke the internet by breaking into a boogie while watching a military marching band at Trooping the Colour.Read m
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