The following is the summary text of the Federal Reserve Board’s Summary of Commentary.
Following is the text accompanying the Bank of Canada’s decision to leave its benchmark overnight rate target at 1 percent. The statement was released today in Ottawa.
Brent crude climbed to $110 a barrel for the first time in six weeks amid concern that the crisis in Ukraine is escalating. West Texas Intermediate advanced before weekly U.S. inventory data.
Russia’s economic growth may grind to a halt this year as capital flight accelerates in the wake of its annexation of Crimea last month, Finance Minister Anton Siluanov said.
Palm oil production in Southeast Asia, the largest growing region, is at increasing risk from the probable onset of an El Nino later this year after estates were already hurt by dryness in the first quarter. Prices advanced.
Donny Williams didn’t spend his weekend in Washington walking around the Tidal Basin taking in the cherry blossoms.
Bearish speculators misjudged gold bets again as the release of Federal Reserve minutes extended this month’s rally in bullion.
President Vladimir Putin’s turn to China amid the worst standoff with the U.S. since the Cold War is prompting companies to take a fresh look at yuan bonds.
The U.S. and European Union have reached “crunch time” to halt further destabilization in Ukraine and curb any further Russian expansion in the region.
OPEC will need to pump more crude in the second half of the year to meet demand after its production plunged to a five-month low in March, according to the International Energy Agency.
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