Banxico to cut by 25 bps- analyst
Bank of America projects that the Bank of Mexico (Banxico) would reduce its policy rate by 25 basis points, bringing it down to 10.00% at the upcoming meeting on December…
Economy
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US congressional negotiators aim to fund government through March 14, source says
WASHINGTON (Reuters) – Republican and Democratic negotiators in the U.S. Congress are closing in on a deal for a stopgap bill to fund the government through March 14, averting a…
Bank of Canada: world is now more prone to shocks than we’d like
By David Ljunggren OTTAWA, Dec 16 (Reuters) – Bank of Canada Governor Tiff Macklem on Monday said the world was now more prone to economic shocks and the central bank…
Goldman Sachs expects continued ECB rate cuts with policy shift
In a recent assessment of the European Central Bank’s (ECB) monetary policy, Goldman Sachs provided insights into the central bank’s future interest rate decisions. The analysis follows the ECB’s move…
US bond investors brace for ‘hawkish cut,’ spurn long-term bonds
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors, expecting the Federal Reserve to cut interest rates by a quarter of a percentage point on Wednesday, are bracing for the…
Dollar up, bonds down on ‘hawkish cut’ bets but BTIG warns of possible reversal
Investing.com — The dollar has strengthened, while bonds and small-cap stocks have weakened amid expectations the Federal Reserve could deliver a “hawkish cut,” but BTIG flags the risk of a…
French central bank trims growth outlook on political drama
PARIS (Reuters) – France’s economy will grow more slowly than expected in the next two years as its home-grown political turmoil adds to the global volatility weighing on activity, the…
US manufacturers predict growth in 2025 after prolonged slump
WASHINGTON (Reuters) – U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024’s pace.…
German lawmakers set stage for early national election
German legislators have approved a measure that will lead to an early national election, which is now scheduled for February 23. This decision supports Chancellor Olaf Scholz’s initiative to dissolve…
Canada promised Trump a border crackdown. Easier said than done
By Anna Mehler Paperny SAINT-GEORGES-DE-CLARENCEVILLE (Reuters) – Six Lego-like concrete blocks mark the end of a rural road at the U.S.-Canada border. The police vehicle, revving through blowing snow, crunches…