Bangladesh announces policy rate rise to combat inflation
By Ruma Paul DHAKA (Reuters) – Bangladesh’s central bank said on Tuesday it would raise its key interest rate by half a percentage point, its fourth hike this year as…
Economy
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ECB’s Centeno sees risk of undershooting inflation goal, wants gradual, steady rate cuts
LISBON (Reuters) -Inflation in the euro zone has slowed to converge with the European Central Bank’s 2% target and the risk now is undershooting the goal, ECB policymaker Mario Centeno…
Global markets might be underestimating geopolitical risks, IMF says
By Pete Schroeder WASHINGTON (Reuters) – Near-term global financial risks are contained, but monetary policy easing could fuel asset price bubbles and markets might be underestimating risks posed by military…
ECB’s Knot: falling interest rates should ease debt burdens
NEW YORK (Reuters) – Falling interest rates should ease the pressures created by high government borrowing levels, Dutch European Central Bank governing council member Klaas Knot said Tuesday. “Interest rates…
NVR misses third-quarter profit estimates on higher lot costs
(Reuters) – U.S. homebuilder NVR (NYSE:NVR) Inc missed Wall Street estimates for third-quarter earnings per share on Tuesday as higher lot costs and closing costs assistance weighed on profit margins.…
IMF lifts US growth forecast but marks down China; sees lackluster global economy
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday raised its 2024 economic growth forecasts for the U.S., Brazil and Britain but cut them for China, Japan…
Argentina’s beleaguered economy set to rebound in 2025: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s beleaguered economy is set to rebound in 2025 after two years of recession as the government tries to spark a private sector-driven…
Strategas explains why this is ‘the most investable election of our lifetimes’
Investing.com — With just two weeks remaining before the U.S. election, analysts at Strategas have dubbed it “the most investable election of our lifetimes,” citing the stark differences between the candidates…
Bank of Israel voted 5-0 to hold rates at October decision, minutes show
JERUSALEM (Reuters) – All five members of the Bank of Israel’s monetary policy committee voted on Oct. 9 to leave the benchmark interest rate unchanged at 4.5%, minutes of the…
UK commits to regulator’s proposals to improve housebuilding
LONDON (Reuters) – Britain’s new Labour government said on Tuesday it had accepted proposals from the country’s competition watchdog to improve the quality of homes being built. In February, the…