Editor’s Pick

WASHINGTON (Reuters) -Republican U.S. House of Representatives Speaker Mike Johnson intends to hold a vote on Wednesday on a six-month stopgap federal funding measure, Punchbowl News reported on Tuesday, citing…

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Why these analysts say the Fed should “front-load” cuts in potential easing cycle

September 17, 2024

Investing.com — The Federal Reserve should not only begin a new cycle of interest rate cuts at its upcoming gathering this week, but also “front-load” those reductions, according to analysts at…

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US home builder confidence edges up as rate cut looms

September 17, 2024

(Reuters) – U.S. home builder confidence edged up in September as mortgage rates fell, breaking four months of consecutive declines, but remained at relatively low levels as rising costs continued…

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Fed to go big on first rate cut, traders bet

September 17, 2024

By Ann Saphir (Reuters) – Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an…

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US manufacturing output rebounds in August

September 17, 2024

WASHINGTON (Reuters) – Production at U.S. factories surged in August amid a rebound in motor vehicle output, but data for the prior month was revised lower, suggesting that manufacturing continued…

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Bank of Spain ups 2024 economic growth forecast, again

September 17, 2024

MADRID (Reuters) – Spain’s central bank on Tuesday raised this year’s economic growth forecast to 2.8% from 2.3% expected previously, predicting an acceleration from 2023 in contrast to the wider…

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US retail sales unexpectedly rise in August

September 17, 2024

WASHINGTON (Reuters) – U.S. retail sales unexpectedly rose in August, suggesting that the economy remained on a solid footing through much of the third quarter. Retail sales increased 0.1% last…

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Bank of Spain ups 2024 economic growth forecast on tourism boom

September 17, 2024

MADRID (Reuters) – Spain’s central bank on Tuesday raised this year’s economic growth forecast to 2.8% from 2.3%, predicting an acceleration from 2023, largely thanks to booming tourism. It was…

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Bangladesh says World Bank pledges over $2 billion for reforms

September 17, 2024

By Ruma Paul DHAKA (Reuters) – Bangladesh said on Tuesday the World Bank has committed to providing over $2 billion in new financing this fiscal year to support the country’s…

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Factbox-Most brokerages expect 25 bps rate cut from Fed on Wednesday

September 17, 2024

(Reuters) – Major brokerages expect the U.S. Federal Reserve to lower interest rates by 25 basis points at the end of its two-day monetary policy meeting that starts on Tuesday,…

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Popular Topics

US House Republicans aim for Wednesday vote on stopgap funding bill

Why these analysts say the Fed should “front-load” cuts in potential easing cycle

US home builder confidence edges up as rate cut looms

Fed to go big on first rate cut, traders bet

US manufacturing output rebounds in August

Bank of Spain ups 2024 economic growth forecast, again

US retail sales unexpectedly rise in August

Bank of Spain ups 2024 economic growth forecast on tourism boom

Bangladesh says World Bank pledges over $2 billion for reforms

Factbox-Most brokerages expect 25 bps rate cut from Fed on Wednesday