Fed’s Logan continues to call for gradual pace of rate cuts
Investing.com — Dallas Fed president Lorie Logan said Monday she continues to see the need for gradual rate cuts toward a neutral level to help manage the risk of faster…
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Zelenskiy says US preparing aid package to finance production of Ukrainian drones
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Monday the United States was preparing an aid package worth $800 million to finance production of Ukrainian drones. Zelenskiy, in his nightly…
US removes Sandvine from trade restriction list after corporate reforms
By Karen Freifeld and David Shepardson NEW YORK/WASHINGTON (Reuters) -The United States removed Canada-based Sandvine from a trade restriction list after the networking equipment company made changes to its corporate…
Fed’s Kashkari sees modest cuts ahead, but says change in labor market holds sway
Investing.com — Minneapolis Fed President Neel Kashkari said Monday he expects modest rate cuts over the next few quarters, though added that evidence of a quicker slowdown in the labor…
Fed’s Kashkari: any surprise job market weakness could trigger rethink of rate-cut pace
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Monday repeated he expects “modest” interest-rate cuts over the coming quarters, though a sharp weakening of labor markets could move…
US to curb AI investment in China soon
By Karen Freifeld (Reuters) -U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under final review, according to a government posting, suggesting the restrictions are…
Exclusive-Mexico’s new government mulls tax incentives to lure foreign companies
By Cassandra Garrison and Anthony Esposito MEXICO CITY (Reuters) -Mexico is considering tax credits to attract foreign firms to invest and produce domestically, targeted at electric vehicle (EV), semiconductor, rare…
BlackRock’s Fink bullish on private markets amid high US deficit
NEW YORK (Reuters) – The growth of private markets could mitigate the economic impact of wide U.S. deficits and high government debt levels, said Larry Fink, CEO and chairman at…
Mexico’s headline inflation seen up, core down, in first half of October- Reuters poll
MEXICO CITY (Reuters) – Headline inflation in Mexico probably accelerated in the first half of October, while its core measure continued to ease, a Reuters poll showed on Monday, reinforcing…
BoE’s Greene sticks to view that rate cuts should be gradual
LONDON (Reuters) – Bank of England interest rate-setter Megan Greene said she still believed the central bank should take a cautious approach to cutting borrowing costs. Greene, writing in a…