Federal Reserve officials stare at the markets, say inflation is the focus

Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – Federal Reserve officials on Monday shrugged off heightened volatility in global markets from falling U.S. stocks to currency turmoil abroad and said their priority remained controlling domestic inflation. “There are interactions out there,” said Loretta Meester, president of the Federal Reserve Bank … Read more

In China, homebuyers occupy their unfinished “rotting” property

GUILIN, China (September 26) (Reuters) – Six months ago, Ms. Xu’s home was a room in a high-rise apartment in the southern Chinese city of Guilin she bought three years ago, drawn by brochures promoting her river views. and clean city air. However, her living conditions are far from those promised: unpainted walls, potholes where … Read more

Exclusive, India’s largest lender asks exporters to trade with Bangladesh in rupees and taka

NEW DELHI (Reuters) – State Bank of India is the largest lender (SBI.NS) It has asked exporters to avoid settling deals with Bangladesh in dollars and other major currencies as it seeks to limit exposure to Dhaka’s declining reserves, according to an internal document and a source. Bangladesh’s $416 billion economy is grappling with rising … Read more