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,…
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Policy uncertainty clouding the US economic outlook for 2025, Wells Fargo says
Investing.com – The US economy has entered 2025 with a “strong head of steam” although uncertainty around President-elect Donald Trump’s policy plans has clouded the outlook for the year, according to…
Factbox-Most brokerages stick to their Fed rate cut predictions after CPI data
(Reuters) -Major brokerages stuck to their predictions on interest rate cuts in 2025, after U.S. inflation data came in line with expectations on Wednesday, easing investor nerves, following a surprisingly…
ECB minutes show officials leaning towards more rate cuts amid growth, inflation concerns
The European Central Bank (ECB) released the minutes of its December meeting, revealing a growing inclination towards monetary easing. The discussion mainly revolved around the necessity of rate cuts to…
Capital Economics sees Norges Bank holding rate cut for March
Investing.com — Capital Economics analysts have maintained their forecast for Norges Bank, predicting that the central bank of Norway will start reducing its policy interest rate in March 2023, despite…
Trump upended trade once, aims to do so again with new tariffs
By David Lawder WASHINGTON (Reuters) – Donald Trump came to Washington eight years ago vowing to rewrite U.S. trade relationships, shrink a massive goods trade deficit and rebuild America’s industrial…
Fed not anticipated to cut rates before June after easing inflation data, UBS says
Investing.com – The Federal Reserve is not anticipated to slash interest rates again before June following a softer-than-anticipated core inflation reading earlier this week, according to analysts at UBS. Headline consumer…
Republicans in Congress warn rising US bond yields could hit Trump’s tax cut plans
By David Morgan WASHINGTON (Reuters) – Just days before Donald Trump returns to power, some of his Republican allies in the U.S. Congress are warning that the president-elect’s aggressive tax-cut…
U.K. government bond yields rise following slow GDP growth
Investing.com — The yields on U.K. government bonds have seen an increase following the revelation of slow GDP growth in November and stagnant growth over the three months leading up…
China to investigate US subsidies to mature node chips
BEIJING (Reuters) -China will launch an investigation into U.S. government subsidies to its semiconductor sector at the request of China’s mature node chip industry, the commerce ministry said on Thursday.…