NY Fed’s Perli still sees ample money market liquidity
By Michael S. Derby NEW YORK (Reuters) – Even with some recent bouts of volatility, it appears money market liquidity levels still remain robust, a top New York Federal Reserve…
Economy
1815 posts
CBA’s first-quarter earnings edge past expectations on higher home loan volumes
(Reuters) -Commonwealth Bank of Australia’s first-quarter cash earnings came in slightly better than market expectations on the back of improved volumes in its home lending and household deposits portfolio and…
Upside surprise in inflation could push Fed to pause in December: Fed’s Kashkari
Investing.com — A upside surprise in inflation in weeks leading up to the Federal Reserve’s December meeting, could encourage the central bank to pause rate cuts, Minneapolis Federal Reserve Bank…
Bridgewater co-chief investment officer says US stocks are ‘good thing’ to hold now
By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour said on Tuesday U.S. stocks are a “good thing” to hold, adding she expects robust economic…
Fed policy is ‘modestly restrictive,’ Kashkari says
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently “modestly restrictive,” with short-term borrowing costs continuing to slow inflation and the economy,…
Could Trump appoint a ‘shadow Fedchair’ to rival Powell?
Investing.com — Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but could Trump appoint…
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
By Nayera Abdallah and Pesha Magid DUBAI/RIYADH (Reuters) -Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away…
US banks saw weaker loan demand in the 3d qtr, Fed survey shows
(Reuters) – U.S. banks saw weaker demand for a key category of business loans during the third quarter, while the demand picture for consumer credit card and auto loans also…
Elliott calls for Honeywell break up, takes $5 billion-plus stake
By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell (NASDAQ:HON) should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have…
Analysis-BBVA’s Sabadell bid mired in concerns over competition and Mexico
By Jesús Aguado MADRID (Reuters) – BBVA (BME:BBVA)’s long pursuit of Sabadell is becoming even longer, with Spanish regulators launching an in-depth review of its bid, which fell further in…