Bank of England cuts base rate by 25 bps to 4.75%
Investing.com – The Bank of England cut interest rates as expected Thursday, its second reduction this year, but the future path of monetary policy looks uncertain. Policymakers voted 8 to…
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Open enrollment tips: Don’t overlook these three key benefits
By Chris Taylor NEW YORK (Reuters) – A couple of years ago, Amanda Coffee and her husband were poring over her company’s open enrollment options, when she noticed an intriguing…
Tapestry raises annual earnings target on robust Tabby handbags demand
(Reuters) -Tapestry raised its annual earnings target and topped market expectations for first-quarter revenue on Thursday, as the Coach parent benefited from full-prices sales of its popular Tabby handbags. Shares…
Fed to cut rates, but with a new landscape to decipher after Trump win
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage point at the end of its…
With Trump win, India open to freeing up market access for U.S. firms, sources say
By Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India is open to offering easier market access for U.S. firms if Washington reciprocates under President-elect Donald Trump, who has…
Malaysia central bank to ensure stability amid global volatility, governor says
KUALA LUMPUR (Reuters) – Narrowing interest rate differentials between Malaysia and major economies is good for Malaysia’s ringgit, despite greater volatility in global markets following the U.S. election, Malaysia’s central…
Norway keeps interest rate at 16-year high, says restrictive policy needed
By Terje Solsvik and Gwladys Fouche OSLO (Reuters) -Norway’s central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts…
Swedish central bank trims rates by 50 basis points, sees more cuts ahead
STOCKHOLM (Reuters) -Sweden’s central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said that if the economic and inflation outlooks remain the same…
Futures higher after stocks soar on Trump win; Fed ahead – what’s moving markets
Investing.com – US stock futures climb after equities on Wall Street soared to record highs in the wake of Donald Trump’s victory in the US presidential election. Trump’s Democratic opponent Kamala…
German exports, industrial output fall more than expected
By Maria Martinez (Reuters) – German exports and industrial output fell more than expected in September, showing the weakness of two of the pillars of the German economic model at…