ECB should keep cutting rates gradually, Lane says
FRANKFURT (Reuters) – The European Central Bank should keep cutting interest rates gradually but it does not need to set a schedule since conditions could change between moves, ECB chief…
Editor’s Pick
2629 posts
Here comes the Fed: Markets, analysts divided on the size of the first cut
Investing.com — As the Federal Reserve’s September meeting approaches, analysts and markets remain divided over the size of the anticipated rate cut, with some favoring a 25-basis-point (bp) reduction and…
Wall Street slashes its outlook on China
Investing.com — Wall Street analysts have been downgrading their growth forecasts for China, signaling growing concerns over the country’s economic trajectory. Despite Beijing’s policy efforts, major investment banks are increasingly…
Central bank body BIS urges cenbanks not to squander interest rate buffers
By Marc Jones LONDON (Reuters) – The Bank for International Settlements has urged top central banks not to squander the interest rate buffers they have rebuilt over the last couple…
Norway central bank to keep rates on hold this week, cut in December- Reuters poll
OSLO (Reuters) – Norway’s central bank will keep its key policy interest rate unchanged this week at a 16-year high of 4.50%, all 27 economists in a Reuters poll said,…
Kenya begins national debt audit, finance minister says
NAIROBI (Reuters) – Kenya’s auditor general has started to examine the country’s debt to ascertain the amounts owed to various creditors, Finance Minister John Mbadi told Reuters on Monday. The…
What’s happening in Las Vegas shows Fed’s ‘soft landing’ is a good bet
By Howard Schneider and Ann Saphir LAS VEGAS/RENO, Nevada (Reuters) – The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast…
Canada’s Trudeau faces crucial election test as questions over leadership loom
By David Ljunggren OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau’s ruling Liberals, trailing badly in the polls, face a struggle on Monday to retain a once-safe seat in a…
Canadians still feeling the economic pain despite three early rate cuts
By Promit Mukherjee OTTAWA (Reuters) – Despite three interest rate cuts since June, Canadian consumers still appear to be feeling more stressed than their neighbors in the U.S., where the…
ECB should wait until Dec with next rate cut, Kazimir says
FRANKFURT (Reuters) – The European Central Bank should almost certainly wait until December before cutting interest rates again to be certain it is not making a policy mistake in easing…