Fed’s Collins sees more rate cuts ahead for US central bank
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins reiterated on Wednesday she believes the U.S. central bank has more interest rate cuts…
Economy
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Non-recessionary rate-cutting cycle should support credit, Pinebridge says
By Matt Tracy WASHINGTON (Reuters) – Asset manager PineBridge Investments said in a report that it is seeing the start of a rare non-recessionary interest rate-cutting cycle that should support…
Fed’s Bowman says rate cuts are concerning
By Ann Saphir (Reuters) – Federal Reserve Governor Michelle Bowman on Wednesday expressed discomfort with the U.S. central bank cutting interest rates while inflation continues to run above the Fed’s…
Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports
(Reuters) – Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an interview with CNBC on Wednesday, joining a wave of positive…
Fed’s Bowman cautious on further rate cuts as end point for cuts could be closer
Investing.com — Federal Reserve governor Michelle Bowman on Wednesday backed a cautious approach to further rate cuts amid expectations the neutral level or end point for rate cuts may be…
UK inflation could undershoot forecasts, requiring faster rate cuts, BoE’s Ramsden says
By David Milliken LONDON (Reuters) -British inflation is at least as likely to undershoot the Bank of England’s latest forecasts as it is to match them, potentially requiring faster rate…
Fed’s Bowman calls for cautious approach on interest rates
(Reuters) – Federal Reserve Governor Michelle Bowman, among the U.S. central bank’s most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting that…
Russian inflation jumps 0.37% in latest week
MOSCOW (Reuters) – Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy…
PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO to favor stocks and some other risk assets, while seeking…
Fed’s Cook: More cuts likely appropriate as disinflation expected to continue
By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) – U.S. inflation continues to ease, with wages and the job market cooling and excess price increases largely confined to housing, a situation in…