May 19- The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.
CHICAGO, May 17- The Federal Reserve has not done enough to lower U.S. borrowing costs to boost economic growth, a top Fed official said on Friday, citing his outlook for overly low inflation and overly high unemployment over the next two to three years.
MEXICO CITY, May 17- Mexico's annual economic growth slumped in early 2013 to its weakest in three years, prompting the government to cut growth estimates and backing expectations of another interest rate cut.
MEXICO CITY, May 17- Mexico's economy expanded in the first quarter on strength in the services sector, defying expectations for a contraction and easing fears of a deepening slowdown in Latin America's no. 2 economy.
BIRMINGHAM, England May 17- The Bank of England may have more scope to boost the economy after Mark Carney starts as governor because of tentative signs of lower inflation ahead, a member of its policymaking body said on Friday.
PORTLAND, Ore, May 16- The U.S. "It will take further gains to convince me that the' substantial improvement' test for ending our asset purchases has been met," John Williams, president of the Federal Reserve Bank of San Francisco, said in remarks prepared for delivery to a luncheon sponsored by the Portland Business Journal.
Inbound M&A into India totals $9.86 billion this year, the highest in Asia, Thomson Reuters data shows, pointing to growing confidence among overseas firms in the potential of a 1.2 billion-strong consumer market. "India as a country is under-consumed. In 2012, foreign direct investment into India dipped about 7 percent to $29.3 billion.
*BoE cuts inflation forecast, raises growth outlook. *Unemployment figures show continued weakness in labour market. LONDON, May 15- Bank of England Governor Mervyn King offered some rare good news for Britain's economy on Wednesday when he presented his final set of economic forecasts before stepping down after more than 20 years at the bank.
*BoE cuts inflation forecast, raises growth estimate. LONDON, May 15- Britain's central bank lifted a bit of the gloom hanging over the economy on Wednesday, delivering a slightly improved outlook for inflation and growth for the first time since the financial crisis.
NEW YORK, May 14- The yen and the euro both fell against the dollar on Tuesday for a fourth straight session, with the yen hitting its lowest level against the dollar in 4-1/ 2 years, on signs that the U.S. economy is improving.
NEW YORK, May 14- U.S. economic growth will not be "much greater" than 2 percent over the next three to five years, while global inflation will likely pick up, Pimco, the giant bond firm, said on Tuesday in its investment outlook report.
LONDON, May 14- Fears about China's economic outlook prompted global investors to become less bullish towards equities and other riskier assets in May, a survey of fund managers shows.
LONDON, May 14- Central bank intervention, the euro zone crisis and China's rise have expanded the list of data that moves markets, but surprises in measures such as PMIs and U.S. jobs numbers still pack the biggest punch.
SYDNEY, May 14- Australia's minority government released its 2013/ 14 budget bill on Tuesday, which showed a widely-flagged deficit in the new fiscal year.