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Macroeconomics

Sanjay Malhotra appointed as RBI governor

The Indian government has appointed Sanjay Malhotra as the new governor of the Reserve Bank of India (NS:BOI) (RBI). The announcement made on Monday concludes the period of...

US average gasoline price drops below $3 a gallon for the first time since 2021

By Shariq Khan and Nicole Jao NEW YORK (Reuters) - Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of...

Shareholders approve breakup of Bollore's Vivendi media conglomerate

By Gianluca Lo Nostro, Leo Marchandon and Florence Loeve (Reuters) -Shareholders of French media conglomerate Vivendi (OTC:VIVHY) approved on Monday the breakup backed by the...

Factbox-Brokerages see 'uncertain' 2025 on worries over potential Trump tariffs

(Reuters) -Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President-elect Donald Trump's...

US consumers expect higher inflation and better economy, New York Fed says

By Michael S. Derby (Reuters) - U.S. consumers were bracing last month for higher levels of inflation in coming years even as they marked up expectations that their personal...

'Bond vigilante' PIMCO trims long-term US sovereign debt holdings

By Davide Barbuscia NEW YORK (Reuters) - PIMCO said on Monday it plans to diversify its government bond exposure by buying outside the United States, where its outlook on...

Factbox-Brokerages still expect 25-bps US rate cut in December

(Reuters) - Citigroup (NYSE:C) has lowered its expectations for an interest-rate cut at the U.S. Federal Reserve's December meeting, joining peers in predicting a 25-basis-point...

Column-FX markets brace for G10 policy blitz: McGeever

By Jamie McGeever ORLANDO, Florida (Reuters) - An extraordinary year for investors is poised to end with a monetary policy bang, with almost every G10 central bank scheduled to...

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year

By Indradip Ghosh BENGALURU (Reuters) - The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists...

Citi suggests ECB may delay rate cuts, sees bullish Bunds

Citibank provided insights on the European Central Bank's (ECB) potential monetary policy trajectory, suggesting that the risks are tilted towards a more prolonged cycle of...

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