Europe may return to coal as Russia rejects gas flows

A photo of pipes is taken at the landing facilities of the “Nord Stream 1” gas pipeline in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register Germany may take ‘painful’ step to ignite coal power Italy and Austria are also looking to burn more coal … Read more

Sluggish US inflation builds argument for September slowdown in Fed rate hikes

(Reuters) – Evidence of declining inflation in the United States will not displace Federal Reserve policymakers from the half-point interest rate hikes planned for the upcoming June-July meetings, but it could prompt a shift to smaller rate hikes in September if The trend continued. A report released by the US Department of Commerce on Friday … Read more