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Macroeconomics

US debt FAQ: BofA provides short answers to popular questions

-- In a Thursday note to clients, Bank of America strategists tackled pressing questions on U.S. debt, including those on deficit outlook, fiscal sustainability,...

Traders add to bets the Fed will keep cutting rates next year

(Reuters) - Traders of interest-rate futures that settle to the Federal Reserve's policy rate added to bets the central bank rate will cut borrowing costs next week and follow up...

US weekly jobless claims unexpectedly rise

WASHINGTON (Reuters) - The number of Americans filing new applications for jobless benefits unexpectedly rose last week and more people continued to collect unemployment checks at...

TEXT-Statement from the ECB following policy meeting

FRANKFURT, Dec 12 (Reuters) - Following is the statement from the European Central Bank following its policy meeting. The Governing Council today decided to lower the three key...

ECB cuts interest rates by 25 bps, as expected

- The European Central Bank cut interest rates at its meeting on Thursday, as widely expected, and signaled the likelihood of further easing in 2025 as the eurozone’s...

India's November retail inflation eases, boosts rate cut hopes

By Nikunj Ohri NEW DELHI (Reuters) -India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central...

Expectations of new tariffs in 2025 prompts Wells Fargo to cut US growth forecast

-- The increased likelihood of new tariffs in 2025 has led Wells Fargo (NYSE:WFC) to cut its US economic growth forecast for the year. The bank now projects real...

SNB cuts interest rate 50 basis points, biggest reduction in nearly a decade

By John Revill BERN (Reuters) -The Swiss National Bank cut its interest rate by 50 basis points on Thursday, its biggest reduction in almost 10 years, responding to weaker than...

India's October industrial output at 3-month high of 3.5% y/y

NEW DELHI (Reuters) -India's industrial output rose to a three-month high of 3.5% year-on-year in October, helped by a pickup in consumer durables and garment manufacturing during...

Pope Francis calls for new global accords on debt, military spending

By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by low-income countries and a shift in...

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