BRUSSELS, Sept 17- An increase in rents and car-repair prices lifted euro zone inflation in August slightly higher than a first estimate, a small piece of good news for the European Central Bank but not one that radically changes the economic outlook.» Read More
WASHINGTON, May 7- Federal Reserve Chair Janet Yellen prepared the following remarks on the U.S. economic outlook for her testimony to the congressional Joint Economic Committee on Wednesday. Current Economic Situation and Outlook.
*To give outlook update for Russia on May 13. PARIS, May 7- Societe Generale, France's second-largest listed bank, has written down the acquisition value of Russian arm Rosbank by 525 million euros, blaming the economic uncertainty caused by Russia's soured relations with Ukraine.
MOSCOW, May 6- Russia's economy is likely to shrink again in the second quarter of 2014, a senior finance ministry official was quoted as saying on Tuesday, after contraction began in the first three months of the year.
Neil Shearing, chief emerging markets economist at Capital Economics, says Russia is probably in recession and that despite the IMF program, it will be very difficult to see economic stability in Ukraine.
*IMF cuts Russia 2014 growth forecast to 0.2 percent. MOSCOW, April 30- The International Monetary Fund slashed on Wednesday its already modest 2014 growth forecast for Russia, warning that Ukraine- related sanctions were scaring off investors and were pushing the economy towards recession.
*IMF cuts Russia 2014 growth forecast to 0.2 percent. MOSCOW, April 30- The International Monetary Fund has cut its 2014 growth forecast for Russia and expects capital outflow of $100 billion this year, the Fund's mission chief to Moscow said on Wednesday.
*Fitch expected to hike outlook or upgrade Spain. On a day of credit updates scheduled for three of the bloc's top four economies, Standard& Poor's affirmed its ratings on France, while Fitch raised its outlook on Italy and was expected to boost its view of Spain after Europe's markets close.
On a day of credit updates scheduled for three of the bloc's top four economies, Standard& Poor's affirmed its ratings on France, while Fitch raised its outlook on Italy and was expected to boost its view of Spain after Europe's markets close.
MILAN, April 25- Fitch Ratings on Friday affirmed Italy's sovereign rating at' BBB+' but raised its outlook to stable, saying a deep recession in the country had ended and funding conditions had improved markedly. Fitch said this and Italy's weak growth prospects were among key factors behind the current rating level.
*Data due at 10 a.m. local time/ 0200 GMT. BEIJING, April 16- China is expected to report its slowest growth in five years on Wednesday, a Reuters poll shows, with signs of waning strength in the first quarter of 2014 already prompting government action to steady the world's second-largest economy.
*Retail sales jump 1.1 percent in March. WASHINGTON, April 14- U.S. retail sales recorded their largest gain in 1-1/ 2 years in March, in the latest sign the economy was emerging from its weather-induced slumber and on track to accelerate in the second quarter.
WASHINGTON, April 10- The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in almost seven years, which could bolster views of an acceleration in job growth after a cold winter dampened hiring.
WASHINGTON, April 8- The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year and next as output in richer nations picked up, but it warned of rising risks in emerging economies.
WASHINGTON, April 8- The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies.
PHILADELPHIA, United States- Federal Reserve Bank of Philadelphia President Charles Plosser speaks before the "Enhancing Prudential Standards in Financial Regulations" conference hosted by the Federal Reserve Bank of Philadelphia- 1845 GMT.
"Given the economic outlook, and given also my view that we need accommodative policy relative to historical norms, we need to have relatively low levels of interest rates for quite some time," San Francisco Federal Reserve Bank President John Williams told Reuters.
*Athens sees full market return in 2016. *Athens could tap markets a second time this year. The Eurogroup of finance ministers met in Athens this week, attracting about 5,000 protesters who denounced the latest measures agreed with the European Union and the International Monetary Fund to try to make the economy more competitive.
April 1- A remarkable rise in U.S. bank lending may hold the key to the outlook for the U.S. economy, but it could be either very good or very bad news.
LISBON, March 28- Portugal's chances of making a clean break from its international bailout in May are growing as its economic outlook gradually improves, borrowing costs slide, and some political dividends are seen for the government from going it alone. Prime Minister Pedro Passos Coelho has said the government will decide on what to do in April.
HONG KONG, March 27- A bubble could form in the U.S. economy even as the Federal Reserve unwinds its accommodative policy, a top U.S. central banker said on Thursday, adding policymakers' ability to spot them had improved substantially.