Brazil lower house approves watered-down fiscal package amendment
BRASILIA (Reuters) – Brazil’s lower house of Congress on Thursday gave its final approval to a watered-down proposal to cut public spending, part of a broader package to rein in…
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FedEx to spin off its freight trucking business
By Lisa Baertlein and Abhinav Parmar (Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery…
Morning Bid: Seeking respite from Fed; PBOC set to hold the line
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. As the dust settles on a remarkable 24 hours of central bank activity, investors in Asia…
Democrats urge end to trade deal investor protections as USTR denies secret talks
By David Lawder WASHINGTON (Reuters) – A group of 37 Democratic lawmakers on Thursday urged the U.S. Trade Representative’s office to press ahead with efforts to weaken investment protections in…
Yen to rebound in 2025 as Fed easing cycle impacts wane, Capital Economics says
Capital Economics on Thursday shared insights on the performance of the Japanese yen against the US dollar, predicting a stronger year for the yen in 2025. The analysis comes after…
Fed closing in on end of rate-cut cycle: Macquarie
Investing.com — Investors now are expecting even fewer rate cuts than the Fed’s hawkish forward guidance seen earlier this week, suggesting the end could be near for rate cuts. “Market…
Czech Central Bank Holds Rate at 4%, Capital Economics Sees Easing Cycle Resume
Czech Central Bank (CNB) maintained its policy rate at 4.00% on Thursday, pausing its recent sequence of rate cuts, which leads Capital Economics to forecast a resumption of the easing…
Capital Economics sees moderate global GDP growth in 2025
Capital Economics released its global economic forecast, projecting a year of reasonable global GDP growth in 2025, alongside a continued normalization of monetary policy. The firm anticipates that the impact…
Emerging Markets Face Growth Headwinds in 2025, Capital Economics says
Capital Economics predicts strong headwinds to growth in 2025 for emerging markets, with expectations falling below the consensus. The firm anticipates that while the US trade policy will primarily affect…
Bank of Mexico lowers key interest rate, opens door to larger cuts
MEXICO CITY (Reuters) – The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.00% on Thursday and signaled larger rate cuts could be considered in…