BUENOS AIRES (Reuters) -Argentina's central bank will start selling U.S. dollars in the country's parallel foreign exchange markets in an effort to combat inflation and freeze the country's money supply, the government said on Saturday. Economy Minister Luis Caputo announced the new strategy on messaging platform X on Saturday, saying it would contribute to deepening the disinflation process. Starting Monday,...

WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of slowed inflation and mulling whether to signal the start of interest rate cuts because of it. The Fed meets July 30-31, but under the central bank's rules policymakers can't comment...

NEW YORK (Reuters) -Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy. Owning massive tech and growth companies such as Nvidia, Microsoft and Amazon has been a...

(Reuters) - The Federal Reserve has proposed new rules that would allow it to gather granular details about banks' exposure to shadow banks, a move that shows how regulators are trying to understand the risks there and the limits of that approach. Shadow banks, a catch-all term for non-bank financial institutions like private funds and mortgage servicers, are lightly regulated...