Fed Vice Chair Jefferson: Sept rate cut was ‘timely’
(Reuters) – The Federal Reserve’s 50-basis-point interest-rate cut last month was “timely” and was neither reactive, nor proactive, Fed Vice...
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Investors read Fed tea leaves, shrug off China stimulus
By Alden Bentley NEW YORK (Reuters) – A look at the day ahead in Asian markets. Wall Street got back...
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UK likely to free up borrowing by excluding BoE losses, Guardian reports
LONDON (Reuters) -British Finance Minister Rachel Reeves will likely free up 10 billion to 20 billion pounds’ ($13.1 billion –...
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Explainer-More eyes turn to FEMA as Hurricane Milton approaches
By Doina Chiacu (Reuters) – Hurricanes Milton and Helene are putting new pressure on the federal government’s emergency response agency...
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Fed’s Collins expects more rate cuts amid confidence inflation is easing
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins said on Tuesday that...
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Investors now believe fed rate-cut outlook too optimistic: UBS
Investing.com — Investors now believe that even the Fed’s expectations to cut rates by 200 basis points over the next...
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Berkshire Hathaway nets $10 billion from BofA share-sale spree
By Niket Nishant and Manya Saini (Reuters) – Warren Buffett-led Berkshire Hathaway (NYSE:BRKa) further cut its stake in Bank of...
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Euro zone inflation on the decline but job not yet done, ECB’s Nagel says
FRANKFURT (Reuters) – Euro zone inflation is on the decline but the European Central Bank must remain vigilant and ensure...
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Left-wing’s no-confidence motion against French government fails
PARIS (Reuters) – French Prime Minister Michel Barnier passed the first test of his new government on Tuesday, as a...
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Argentina September inflation seen at lowest since late 2021
BUENOS AIRES (Reuters) – Argentina’s monthly inflation rate is expected to have slowed to 3.5% in September, which would be...
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