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As inflation misses goal, Fed’s Evans calls for gradual rate hikes



NEW YORK (Reuters) - With inflation stubbornly soft despite a 16-year low in the U.S. unemployment rate, the Federal Reserve should move only slowly to raise interest rates and trim its massive bond portfolio, Chicago Fed President Charles Evans said Monday.


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Oil drops on doubts output cut will be deep enough to end glut SINGAPORE (Reuters) - Oil prices fell on Wednesday on persistent doubts a planned crude production cut led by OPEC and Russia would be deep enough t...
India’s Infosys says reassessing long-term goals due to tougher market Bengaluru (Reuters) - Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market ...
Alphabet profit misses expectations as cost per clicks fall (Reuters) - Google's parent Alphabet Inc reported a first-quarter adjusted profit that was lower than analysts' estimates, as cost per clicks fell.

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