Fed looks set to tweak reverse repo rate to speed exit of cash
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash off its balance sheet as it enters a…
Economy
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G20 watchdog urges governments to address non-bank financial risks
ZURICH (Reuters) – The Financial Stability Board (FSB) on Wednesday pitched recommendations for governments to reduce risks around hedge funds, insurers and other non-bank financial intermediaries, which now account for…
ECB’s Wunsch says weaker euro may take edge off US tariffs
By Divya Chowdhury and Francesco Canepa MUMBAI (Reuters) -A weaker euro falling to parity with the dollar would cushion the impact of any new U.S. tariffs on euro zone growth…
Mozambique’s post-election unrest to hit economic growth, says IMF official
By Wendell Roelf CAPE TOWN (Reuters) – Mozambique’s 2024 economic growth is likely to be revised down from a previous forecast of 4.3% due to post-election civil unrest and the…
Fed set to deliver 3rd rate cut and Honda Nissan merger – what’s moving markets
Investing.com – The Federal Reserve is all but certain to deliver what would be its third straight rate cut, futures are edging higher, and Honda and Nissan are reportedly exploring…
China youth jobless rate falls for third straight month
BEIJING (Reuters) -Joblessness among the youth in Chinese cities eased for a third straight month in November after reaching its highest this year in August, official data showed on Wednesday.…
Thai central bank holds key rate steady at 2.25%
BANGKOK (Reuters) – Thailand’s central bank left its key interest rate unchanged on Wednesday, as widely expected, after delivering a surprise cut at its previous meeting in October. The Bank…
UK consumer inflation rises for second month in a row; UK CPI gains 2.6%
Investing.com – UK inflation rose for the second month in a row, largely cementing expectations for the Bank of England to leave interest rates unchanged at its meeting later this…
UK inflation hits 8-month high, underlying pressure more steady
LONDON (Reuters) -British inflation rose to its highest in eight months in November but an underlying measure of price growth watched closely by the Bank of England held steady, offering…
Fed expected to combine interest rate cut with hawkish 2025 outlook
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling a “hawkish cut” set to be delivered…