BoE’s Breeden backs rate cuts, says hard to know how quickly
(Reuters) -Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the…
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Fed’s Collins says now is time for patient, gradual approach to rate cuts
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for the central bank moving…
Fed’s Harker still expects rate cuts but says imminent move not needed
By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates, but added that…
Bank of Mexico board sees larger rate cuts on the table
MEXICO CITY (Reuters) – The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America’s No. 2…
Brazil consumer prices expected to have gained traction in Dec: Reuters poll
By Gabriel Burin (Reuters) – Brazil consumer price rises are expected to have gained traction in December as energy and goods costs fell less than in the previous month, a…
Analysis-For good reasons and bad, global bond wobble passes over euro zone
By Francesco Canepa FRANKFURT (Reuters) – Just as Britain and the United States come under pressure from investors worried about growing debt and sticky inflation, the euro zone seems to…
Musk acknowledges $2 trillion spending cut goal a long shot
WASHINGTON (Reuters) – Elon Musk, who U.S. President-elect Donald Trump has tapped to oversee a government cost-cutting effort, acknowledged that his declared goal of cutting $2 trillion in spending from…
UK markets are in the eye of the global bond storm
By Alun John, Harry Robertson and Naomi Rovnick LONDON (Reuters) – British markets are among the biggest victims of a global bond selloff that has spilled over into currencies and…
Explainer-How Musk’s interview with German AfD leader squares with EU laws
By Supantha Mukherjee and Philip Blenkinsop STOCKHOLM (Reuters) – Elon Musk’s expected hosting of Alice Weidel, leader of the far-right Alternative for Germany (AfD) party, for a discussion on his…
Italy’s Meloni says she has not discussed Starlink deal with Musk
ROME (Reuters) -Italian Prime Minister Giorgia Meloni said on Thursday she had never discussed with Elon Musk a potential deal to use his Starlink to supply secure communications for the…