French PM Bayrou survives no-confidence vote
By Makini Brice, Elizabeth Pineau and Dominique Vidalon PARIS (Reuters) – French Prime Minister Francois Bayrou passed the first test of his new minority government on Thursday as he survived…
Economy
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New York Fed says as of January reserve levels still abundant
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York released data Thursday that suggest it faces no imminent pressure to stop the process of…
Fed’s Waller: March can’t be completely ruled out for a rate cut
Investing.com — Federal Reserve Governor Christopher Waller said in an interview with CNBC on Thursday that the December inflation data was very good and that if data persists along the same…
US business inventories edge up in November
WASHINGTON (Reuters) – U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter. Inventories ticked up 0.1% after being…
Fed’s Waller: Cuts could come sooner than later if disinflation meets expectations
WASHINGTON (Reuters) – Inflation is likely to continue to ease and possibly allow the Federal Reserve to cut rates sooner and faster than expected, Fed governor Chris Waller said Thursday…
Column-EM central banks cool on Treasuries, stoking bond yield heat: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Spiking Treasury yields and the ‘wrecking ball’ dollar are creating a negative feedback loop that monetary authorities around the globe may be helping…
ECB’s Lagarde moves markets with a frown, Draghi with a smile, study finds
FRANKFURT (Reuters) – The European Central Bank’s President Christine Lagarde can move financial markets with a frown, while her predecessor, Mario Draghi, used a smile to reinforce his message, a…
Philly Fed’s factory gauge surges by most since June 2020
(Reuters) – A gauge of manufacturing activity in the U.S. Mid-Atlantic region shot up by the most in about four-and-a-half years in January, with new orders and shipments both surging,…
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
By Mumal Rathore BENGALURU (Reuters) – The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists,…
Golf-LIV Golf signs multi-year media rights deal with Fox Sports
(Reuters) – Fox Sports has signed a multi-year media rights agreement with LIV Golf to broadcast its league competition in the U.S. starting next month, the network announced on Thursday.…