Editor’s Pick

MEXICO CITY (Reuters) -The Bank of Mexico’s five-member governing board expects easing inflation could allow further reductions to its benchmark interest rate, minutes from the bank’s September monetary policy decision…

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Air Canada pilots ratify labor deal, eliminating risk of strike

October 10, 2024

By Allison Lampert MONTREAL -Air Canada pilots have voted to ratify a new four-year labor deal with the country’s largest carrier, the union said on Thursday, eliminating the risk of…

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Wall Street reacts to hotter-than-expected September CPI data

October 10, 2024

The U.S. inflation report for September sparked mixed reactions on Wall Street as analysts weighed in on the implications for the Federal Reserve’s next move. The Consumer Price Index came…

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Fed’s Williams reckons more rate cuts lie ahead, amid solid economy

October 10, 2024

By Michael S. Derby (Reuters) – Federal Reserve Bank of New York President John Williams said Thursday he expects more rate cuts lie ahead as inflation pressures continue to moderate.…

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Hurricane Milton kills four, destroys homes in Florida, but worst scenario avoided

October 10, 2024

By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) – Hurricane Milton marched across Florida on Thursday, whipping up tornadoes, destroying homes and knocking out power to millions…

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S&P 500 earnings to put investor focus on tech, AI

October 10, 2024

By Caroline Valetkevitch NEW YORK (Reuters) – Investors will be looking for evidence that investment in artificial intelligence among S&P 500 companies is beginning to pay off as the reporting…

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Israel cenbank questions whether rates restrictive enough to curb inflation, deputy governor says

October 10, 2024

By Steven Scheer JERUSALEM (Reuters) – Bank of Israel policymakers will be watching inflation data and whether the 2025 budget plans to continue a “very expansionary” fiscal policy to help…

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Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says

October 10, 2024

GENEVA (Reuters) – The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and said a further pick up to 3% growth was likely…

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Fed’s Goolsbee sees gradual policy rate cuts over next 12-18 months

October 10, 2024

(Reuters) – Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation…

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ECB accounts show cautious stance on further policy easing

October 10, 2024

FRANKFURT (Reuters) – European Central Bank policymakers appeared content with the drop in inflation when they met last month but argued for a gradual policy easing given lingering domestic price…

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Popular Topics

Banxico expects cooling inflation to allow for more Mexico rate cuts

Air Canada pilots ratify labor deal, eliminating risk of strike

Wall Street reacts to hotter-than-expected September CPI data

Fed’s Williams reckons more rate cuts lie ahead, amid solid economy

Hurricane Milton kills four, destroys homes in Florida, but worst scenario avoided

S&P 500 earnings to put investor focus on tech, AI

Israel cenbank questions whether rates restrictive enough to curb inflation, deputy governor says

Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says

Fed’s Goolsbee sees gradual policy rate cuts over next 12-18 months

ECB accounts show cautious stance on further policy easing