Fed’s Bowman says rate cuts are concerning

Fed’s Bowman says rate cuts are concerning

By Ann Saphir (Reuters) – Federal Reserve Governor Michelle Bowman on Wednesday expressed discomfort with the U.S. central bank cutting interest rates while inflation continues to run above the Fed’s…
Russian inflation jumps 0.37% in latest week

Russian inflation jumps 0.37% in latest week

MOSCOW (Reuters) – Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy…