Fed to deliver the next rate cut in March, Goldman says
Investing.com — Goldman Sachs predicts that the Federal Reserve will deliver its next interest rate cut of 25 basis points (bps) in March 2025. The bank said in a note Friday…
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Turkish inflation seen at 45.2% in December, down to 26.5% at end-2025: Reuters poll
ISTANBUL (Reuters) – Turkey’s inflation rate is expected to rise by 1.61% in December from the previous month and stand at 45.2% year-on-year, with the annual rate seen falling to…
Wall St futures ease as strong holiday-shortened week draws to a close
(Reuters) – U.S. stock index futures fell on Friday at the end of an upbeat holiday-shortened week for Wall Street’s main indexes that was driven by expectations around a traditionally…
Goldman expects 2025 to be another challenging year for the European economies
Investing.com — Goldman Sachs expects 2025 to be another challenging year for the European economies, the Wall Street firm said in a Friday note. The bank cites several factors contributing…
US equity funds receive big inflows on cool inflation, funding bill, and holiday rally
(Reuters) – U.S. equity funds attracted significant inflows in the week to Dec. 25, recovering from a prior-week sell-off, buoyed by a cooler inflation report, a stopgap funding bill averting…
German parliament dissolved, snap election set for Feb. 23
Investing.com — German President Frank-Walter Steinmeier has dissolved the national parliament and scheduled a snap election for Feb. 23. This move officially supports a plan proposed by Chancellor Olaf Scholz,…
Global equity funds regain inflows on US inflation relief
(Reuters) – Global equity funds witnessed sharp inflows in the week through Dec. 25, rebounding from significant net sales the previous week, buoyed by a benign U.S. inflation report and…
China sanctions military firms and executives over US arms sales to Taiwan
BEIJING (Reuters) – China has sanctioned seven military industrial companies and related senior executives over U.S. arms assistance and sales to Taiwan, the Chinese foreign ministry said on Friday. Boeing…
Factbox-What is China’s Jinjiang, the BYD contractor under fire in Brazil?
SHANGHAI (Reuters) – China’s Jinjiang Group is in the spotlight after Brazil’s labour authorities said workers at a factory it is building for electric vehicle maker BYD (SZ:002594) were victims…
China says new housing metrics behind upward revision to 2023 GDP
BEIJING (Reuters) – China said on Friday its 2023 gross domestic product was revised upward due in part to changes in housing sector calculation methods, which would also affect the…