Bank of England cuts rates but sees higher inflation after Reeves’ budget
By Andy Bruce, Suban Abdulla and David Milliken LONDON (Reuters) – The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future…
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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…
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…
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…
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…
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…
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…