Japan PM hopeful Takaichi: time not right for BOJ to raise rates
TOKYO (Reuters) – Sanae Takaichi, one of the leading contenders to replace Japanese Prime Minister Fumio Kishida, said on Friday that the Bank of Japan should hold off on further…
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Trump allies working on plans to privatize Fannie Mae and Freddie Mac – WSJ
Investing.com — Former figures and bankers who served in Donald Trump’s prior administration have been discussing plans to end Washington’s control over mortgage-finance groups Fannie Mae and Freddie Mac, the Wall…
Here’s how Capital Economics thinks a Fed easing cycle could impact asset returns
Investing.com — The Federal Reserve is widely expected to cut interest rates when it holds its next two-day meeting on Sept. 17-18, although investors are split over whether it will cut…
Brazil central bank to hike rates by 25 basis points on Sept 18: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will raise its benchmark rate by 25 points next Wednesday at what will likely be the start of a short…
Explainer-How big are the Big Four accounting firms in China?
By Xie Yu HONG KONG (Reuters) – Chinese regulators on Friday hit PwC’s auditing unit in mainland China with a six-month business suspension and a record fine of 441 million…
Few EU countries to submit debt reduction plans by Commission’s deadline
By Jan Strupczewski BUDAPEST (Reuters) – Few European Union countries are likely to meet the Sept. 20 deadline to submit their debt reduction plans to the European Commission, in a…
US import prices post largest drop in eight months
WASHINGTON (Reuters) -U.S. import prices dropped by the most in eight months in August amid lower costs for a broad range of goods, suggesting that domestic inflation will continue to…
This piece of economic data will determine if the Fed cuts 25bps or 50bps: Citi
Investing.com — As the Federal Reserve prepares for its upcoming meeting, the main topic for discussion has been whether the central bank will opt for a 25 basis point (bps)…
Bets on 50 bps Fed rate cut in September bounce back strongly
The probability of a 50 basis point (bps) interest rate cut from the U.S. Federal Reserve in September has surged overnight, according to CME Group 30-Day Fed Fund futures prices.…
Gold bulls set sights on previously dismissed record $3,000/oz milestone
By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3,000 per ounce coming into…