Fed’s Goolsbee sees ‘many more’ rate cuts ahead
(Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee on Monday said he expects “many more rate cuts over the next year” as the U.S. central bank seeks a…
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Column-China’s failure to fire policy bazooka may keep markets in deep freeze: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – China’s political and economic leadership are thought to have a keen sense of history, but Beijing’s tepid response to the unfolding property crash…
Citi says the Fed will deliver another 50bp cut in November
Investing.com — Citi strategists said they expect the Federal Reserve to cut rates by another 50 basis points in November, a decision that will largely depend on incoming data, especially…
Israeli tech sector resilient but faces funding uncertainty amid war with Hamas
By Steven Scheer JERUSALEM (Reuters) – Israel’s tech sector has remained resilient during a year-long war with Palestinian Islamist group Hamas but as it relies on large companies and foreign…
Fed’s 50 bps rate cut was “right decision” – Kashkari
Investing.com – The Federal Reserve’s move to cut interest rates by a half-of-a-percentage point last week was the “right decision”, according to Federal Reserve Bank of Minneapolis President Neel Kashkari…
Fed’s Bostic: Economy returning to normal faster than expected so policy should as well
By Howard Schneider WASHINGTON (Reuters) – The U.S. economy is close to normal rates of inflation and unemployment and the Federal Reserve needs monetary policy to “normalize” as well, Atlanta…
Argentina dollar deposits spike by $8 billion under Milei
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s foreign currency deposits have jumped by around $8 billion since libertarian President Javier Milei took office in December, driven by a series…
Swiss National Bank to cut rates by 25 bps on Thursday, hold in December- Reuters poll
By Indradip Ghosh BENGALURU – The Swiss National Bank will cut its benchmark interest rate by 25 basis points on Thursday for a third straight meeting, according to a significant…
Fed’s Kashkari says 50 bps rate cut was ‘right decision’
(Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank’s recent interest rate cut, calling it the “right decision” in light…
Hedge funds snap up US tech stocks amid falling rates, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note…